2224 BLUE VALLEY DRIVE
About This Property
This beautiful colonial, situated on a gorgeous lot backing to woods, is in pristine condition! Freshly painted throughout, you'll almost think this is a new home! Features include sparkling wood floors on the top 2 levels, a wonderfully appointed kitchen with a vaulted ceiling and convenient laundry closet, a private office off the living room, an inviting family room with a gas fireplace, plus 4 spacious bedrooms, including a soaking tub and separate shower in the primary bath! The full, daylight walk-out basement includes a big rec room with a powerful gas stove that ignites with the flip of a switch! There's also a 5th bedroom, 3rd full bath and an enormous storage room! Priced to sell this weekend, this home is an unbeatable value in today's market!
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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