2401 TIERRA CAFE Drive
About This Property
The Kitchen has lots of cabinets, a separate Pantry with Gas stove. The Microwave, Gas Stove and refrigerator are included. It has a large Living Room, Dining Room and Laundry room. The house already has Refrigerated air and ceiling fans to keep you cool. All the windows have blinds already and there is Ample parking on the extra long driveway. The backyard is roomy and low maintenance.
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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