2216 Hearthside Drive SE
About This Property
a large fenced yard, fire pit, hot tub and large Trex deck make outside the ideal place for outdoor living. Inside, The vaulted foyer leads into the gathering room
with 2 story high ceilings and dramatic Anderson Windows and 9 foot ceilings through out. The cherry kitchen cabinets and floors are accented with brushed
nickel hardware, stainless steel appliances and solid surface countertops with a tile back splash make this the gourmet cooks dream. 6 burner dual-fuel Dacor
Range, and KitchenAid Suburba Wall ovens give provide convection and microwave cooking and a warming drawer is on hand for those larger gatherings.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017