230 Nutmeg Lane
About This Property
Enjoy casual meals in the eat-in kitchen or step outside to the covered back porch for outdoor dining and lounging. Tray ceilings add a touch of elegance to every bedroom, while the luxurious primary suite offers a spa-like retreat with a large soaking tub, separate shower, and a generous walk-in closet.
The laundry room is conveniently located upstairs, just steps from all four bedrooms, making chores a breeze. Refrigerator, washer, and dryer are included, making this home truly move-in ready.
Conveniently located just minutes from I-40, you're close to a wide variety of restaurants, shopping, and everyday essentials. Don't miss your chance to own this beautiful home in a fantastic location!
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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