2225 ATRIUM CIRCLE
About This Property
You'll love the stylish touches, including freshly painted doors and trim, upgraded door hardware, and a new kitchen backsplash that adds a modern flair. There's no shortage of storage with multiple closets, a wash tub in the garage, and a backyard shed that conveys. Both toilets have been recently replaced, and AT&T fiber optics is available for lightning-fast connectivity.
Enjoy the fully fenced backyard, perfect for pets or outdoor fun, plus front and side patios that provide extra space for relaxing or entertaining. The two-car garage with opener completes the package-ready for you to move in and make it 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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017