25 Rosmini Lane
About This Property
Upstairs, you'll find three generous bedrooms, each with double closets, and one featuring a cathedral ceiling. The updated main bath adds a touch of modern comfort. The master suite is large and includes a walk-in closet and a newly renovated en-suite bathroom.
The full walkout basement, with high ceilings, offers endless potential for additional living space. This home also features recessed lighting, built-in speakers, Anderson windows, newer AC, and a 50-year roof installed in 2019 and underground sprinkler system.. As a bonus the house sits in at the end of a dead end street and about land owned by a golf course but not on the course.
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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%.
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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