2597 Route 301
About This Property
Newly updated and move in ready. Spacious living room with large windows to maximize natural light, beautiful open kitchen/dining room concept. Amazing views of the reservoir from front of home. 2 nice size bedrooms, Primary bedroom has a spacious walk in closet. 2 additional side entrances for easy access to back patio and side terrace (Living room and Kitchen entry). Lower level has easy access into the home, 2nd half bathroom on lower level, large family room with laundry room, storage/ work area and entry from garage. Newly insulated walk up attic with additional storage space. A must see! Additional Information: ParkingFeatures:1 Car Attached,
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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