25068 BLUE JAY Way
About This Property
Come see what quiet, country living has to offer in this 3 BR/2BA home with formal dining, breakfast nook, and flex room (optional 4th bedroom, office, or home gym). Off the flex room, you'll find a large outdoor screened porch to watch your favorite game on TV or enjoy your favorite beverage. The roof was replaced in 2019 and comes with a transferable lifetime warranty. The kitchen boasts quartz countertops and Whirlpool appliances, including a brand new refrigerator. Now step outside to find an 11x17' shed AND 24x35' workshop, both including roll up doors and storage shelving. The 3 acre property offers low-maintenance landscaping, a chicken coop, and partially wooded area with riding/walking trails. The location provides much needed privac
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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