2318 Sunset Ln
About This Property
Inside, the layout is ideal for quiet enjoyment, hosting long-term guests, or multi-generational living (separate exterior entry to middle level). Major updates provide peace of mind, including a 2025 Rheem water heater, newer AC, and a recently inspected sewer line. Just 5-7 minutes from the top-rated Sanborn Park & Greeley West Reservoir, Greeley West Park, and Centennial Park. This is a rare opportunity to move right in and enjoy the good life or seize the opportunity to make some cosmetic updates to truly make it your own!
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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