2240 Delaney Drive
About This Property
1.5 story home with primary on first floor. Formal dining room plus eat-in-kitchen, open floorplan, gas log fireplace, crown molding. Barely-used Samsung appliances in kitchen. 2 Bedrooms upstairs plus 20x14 unfinished space that makes the perfect attic storage or could easily be converted to a 4th bedroom or bonus space. Lovely covered back porch with ceiling fan overlooking flat, fully-fenced backyard with storage building. Low maintenance vinyl exterior. Leaf Filter gutters with lifetime warranty. Workbench and cabinets in attached 2 car garage. Mounted TVs and Surround sound included!
Directly across from Smith Elementary School..
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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