265 CANNON WAY
About This Property
The main level also features a formal dining room, formal living room, convenient powder room, and oversized garage with room for your vehicles and storage. The bedroom level boasts 3 generous guest rooms, sharing a large hallway full bathroom. The primary suite is oversized with a large walk-in closet and stunningly update bathroom with a glass shower and double vanity, renovated just a year ago. The lower level of this home features a walk-out and is the perfect tv space, play room, or overflow entertaining area. It also has a full bathroom and massive storage area.
This home has stunning natural light and has been beautifully maintained and is ready for its new owner! Located in a sought-after neighborhood of Warrenton and just minutes to shopping, groceries, major highways and commuter routes, this home checks all the boxes. Schedule your tour today!
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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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About Warrenton
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$2,800 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017