2700 Sam Nelson Road
About This Property
Beautiful open split floor plan with vaulted ceiling family room, wood burning fireplace, Gourmet kitchen with gorgeous granite, tile and LVP throughout. This home has been well maintained and is practically new, just 5 years young, recent freshly painted interior! Many upgrades throughout. Total electric, Waleska city water. Separate dining room and bay window breakfast nook. Large laundry room with utility sink. Big half bath for guests. Oversized garage with taller and wider doors to fit that suv and pickup with ease. Enjoy the view in sunroom overlooking back yard and wooded lot that goes all the way to creek! Sprawling basement means you'll never run out of room, already plumbed for future kitchen and bathroom. Concrete storm shelter and 3 sets of doors for your comfort and convenience. Deck on back and easy to keep large concrete front porch! This home is conveniently tucks just of Highway 140 making it easy to get to shopping, restaurants, hospital and I-575 access to take you anywhere you want to go!
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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