2703 POST OAK
About This Property
A large deck extends from the two-story family room, which is conveniently adjacent to the kitchen. The spacious interior features 4 bedrooms and 3.5 bathrooms. The finished basement is ideal for hosting guests, with ample space for games or movie nights, a walkout door, and abundant storage.
The primary bedroom includes a versatile room that can be used as a nursery or office. Ample closet space throughout the home, especially in the primary suite. This home epitomizes luxury and comfort, fulfilling all the requirements for a sophisticated lifestyle.
The two-car garage provides plenty of room for a workbench and additional storage. The home's thoughtful design includes a laundry/mudroom off the garage, an office, and an extra bump-out for an additional family room. The two-story family room, complete with a fireplace, is perfect for gatherings and offers a view from the second floor.
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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