232 CARDAMON DRIVE
About This Property
This well maintained home features multiple living areas, including a family room and office/flex space on the lower level.
The kitchen is a must-see for anyone who loves to cook, with gorgeous cabinetry, a Viking six-burner range, SubZero refrigerator, and LG dishwasher. A deck off the kitchen backs to trees and the the patio below, creating an easy flow for outdoor dining and entertaining.
Room above the two-car garage offers tons of storage space or a great opportunity to create a space for guests, a home office, or potential in-law setup.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017