2286 Robindale Way
About This Property
Beautiful two story home in the Meadows of Castle Rock! This home features a three bedrooms and a loft upstairs and additional bedroom and full bath in the basement. The main level has a office area, family room and kitchen with a spacious area for dining. Kitchen features upgraded granite counter tops, pantry, gas cooktop, microwave, oven and tall cabinets for plenty of space for your kitchen needs. Laundry conveniently upstairs with a deep sink. Primary five piece bathroom has a jetted tub with tile flooring and countertops. Outside in the back of home has a private covered patio with skylights and a gas line for your gas grill. Mature landscaping and artificial turf makes the yard easily maintained. **Plantation shutters, water filtration system, 50 gal water heater, humidifier, radon system, sump pump**.
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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