2221 Pepper Drive
About This Property
Wood Plank staggered tile through the foyer, dining room, main living area, laundry and bathrooms. Large Master with trey ceiling & ceiling fan. Master bath offers a large, tiled walk-in shower /separate soaking tub, granite double vanity with picture frame mirrors & Huge Walk-in closet. First additional bedroom is a great size with a double closet and its own bathroom with a step-in tub/shower, linen closet and WC. Second bedroom is off the additional hallway and has a double closet. Third additional bedroom would make a perfect guest/mother-in-law suite with the bedroom open to a sitting area with built in kitchenette area offering built in cabinets, sink, worktop and space for a fridge. This Guest annex has a separate entrance at the side of the home and access to a full bathroom. Deep laundry room is access to the oversized 3 car garage ...ideal for the larger trucks and still plenty of room for all the outdoor toys. Home is situated on a large lot with grassed yard ~sprinkler system~ lawn pump and well with digital programmable timer for easy care. TAEXX in wall pest control system~ Fabric Shield Hurricane protection and dimensional shingle roof for lower insurance premium. Upgrades include crown molding, recessed lighting, framed mirrors, deluxe lighting package,50 Gallon water heater, garage door remotes, attic drop down stairs~ to name a few......Call today to arrange your viewing of this unique family home.
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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