242 DENISE Drive
About This Property
A sunlit Family Room, located off the Dining area, boasts a freestanding wood-burning fireplace and opens to the backyard with a spacious patio slaba perfect space for entertaining and relaxation. A large 192 SF utility room, housing the laundry area, is conveniently located off the Kitchen, and attached to the carport, adding practicality to daily living. Lovely original finishes. Updated windows. There are 2 parks in the neighborhood and tennis courts. Neighborhood enjoys many planned events. LOVE WHERE YOU LIVE!!!
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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