258 CATALINA CIRCLE
About This Property
This home features an updated kitchen with newer appliances and sliding glass doors leading to a Trex deck-perfect for outdoor entertaining. All three bathrooms have been tastefully renovated.
The spacious lower-level family room includes a gas fireplace and opens to a large, fully fenced backyard with a patio area. Additionally, the large laundry room can be converted into a game or playroom.
Additional features include a one-car attached garage, newer systems, and ample storage. Conveniently located near schools, shopping, and commuter routes. Move-in ready and a must-see!
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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