2809 BERTH TER
About This Property
Nestled in a serene neighborhood, this single family home offers the perfect blend of privacy and convenience. The heart of the home is the open floor plan that seamlessly connects the living and dining areas, both adorned with vaulted ceilings that enhance the sense of space. The kitchen has been updated with granite countertops and modern amenities. Wood floors throughout this home include two bedrooms, two full baths, a cozy den, and a closed-in patio for additional relaxation or entertaining space. The fenced backyard ensures privacy , making it a secure place for both relaxation and play. Adding to the home's appeal is its fabulous location within walking distance to the Community Center and it includes a convenient 1-car garage. This property is a splendid retreat for those looking for comfort and style in the 55+ Community of Heritage Harbour.
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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