2242 Breckenridge Dr
About This Property
Basement is full walkout w/huge family room w/wet bar, mini fridge, granite counters, walkout access. 3rd bedroom is very spacious & has walkout patio. Also full bath & private gym w/beautiful glass walls, gym flooring, fans & wall mirrors (the tanning bed is negotiable). Storage galore w/super crawl space & huge utility room. Lush backyard w/60 deck, perennials, storage shed in yard & under deck, full fenced yard + Plus this home has a security system with four cameras and DVR, plantation shutters, two new hot water heaters and this home has Lake access which will be granted from the park which is just one home to the west! Walk to the park, enjoy the renovated Berthoud Reservoir amenities & beautiful lake front views!
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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