238 Calhoun Cir
About This Property
The invitation to relax continues outside with a beautiful patio, firepit, gardening beds and lush back yard. The expansive covered deck lets you take in the beauty of the yard as you grill and entertain.
The finished garden level basement continues the theme of nature's playful light dancing about, thanks to 5 above grade windows. Over 800 square feet of professionally finished space to utilize as you wish. There's also a large unfinished portion that would be great for future expansion.
2.5 Car Garage w/ an abundance of built-in storage, a hoist & an entire wall of high-end cabinets. Be sure to scan the QR Code in the photos to visit our virtual open house complete with 360-degree virtual tour & interactive floor plan with measurements of each room, including the basement and garage.
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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