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24705 136th Road
About This Property
The first floor features an open-concept design, enhancing the home's airy and inviting atmosphere. High ceilings and hardwood floors throughout add to the elegance of the space. The kitchen provides both style and functionality for culinary enthusiasts.
Some of the additional highlights are the energy efficient solar panels and the finished basement offering approximately 1,000 square feet of entertainment space, complete with a full bathroom and a separate outside entrance. This versatile area can serve as a recreation room, home office, or guest suite, adapting to your lifestyle needs.
The property's exterior features a private driveway, ensuring convenient parking. Its location provides easy access to local amenities, schools, and public transportation, making it a desirable choice for those seeking both comfort and convenience in the Rosedale area.
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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