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28034 GAUNTS BRIDGE ROAD
About This Property
The home offers three spacious bedrooms, including a primary suite with a completely renovated private bath, along with a brand-new hall bathroom. The walls, doors, and ceilings have all been updated, giving the entire home a clean, finished look. A convenient first-floor laundry room adds to the functionality. Additional features include a two-car garage, full basement, brand-new septic system, and a large backyard that backs to a private wooded area. If you're looking for a one-story home on a quiet street while still being conveniently located near Routes 68, 206, and 130, I-295, and the New Jersey Turnpike, this home is a must-see. Come take a look-you won't be disappointed!
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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