231 Croft Circle
About This Property
Inside, the kitchen shines with granite countertops, modern cabinetry, stainless steel appliances, and newly added dishwasher and microwave. The owners also enhanced functionality with added cabinetry in the laundry room and upgraded all fixtures to stylish bronze finishes. One bedroom now features durable LVP flooring - perfect for a nursery, office, or guest room.
With a practical layout, fresh updates, and an ideal South Crestview location, this home is ready for its next owners to simply unpack and enjoy.
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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