25913 E Archer Drive
About This Property
On the main floor is another bedroom or home office, a huge living room with a fireplace. The dining area and kitchen (with island), open up to the deck that overlooks the yard and open space!
The finished basement is unbeatable! Not only is there a large bedroom with en suite bath, there is a second kitchen (!!!) with its own dishwasher and an additional bathroom off the living area. This provides the perfect floor plan for guests, inter-generational living, or potential income. A second entrance to the downstairs, or patio doors could be constructed creating a walk-out basement.
Do not hesitate in booking your showing. This home will not last long! Photos of this wonderful home will be published when listing goes 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