27 POSTMAN LANE
About This Property
The split-bedroom floor plan includes oversized bedrooms and a spacious primary suite with a large walk-in closet. Enjoy indoor-outdoor living with a screened-in porch that opens to a generous, fully fenced backyard offering plenty of space for play, pets, or future outdoor enhancements. Additional features include a security system, smart lock, Ring doorbell. and transferrable termite bond for added peace of mind. With modern finishes, smart home features, and a newer build feel, this home checks all the boxes for today's buyer.
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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