28157 Knowles Rd
About This Property
This home has 3 bedrooms, 2 on the main floor and one in the lower level that could also be an office. A small laundry room is also on the lower level. The kitchen, dining room and master bedroom have big, brilliant windows from which you can watch a surprising amount of wildlife year round. The patio next to the front door is a wonderful space to gather with friends or just enjoy the trees, bird song, and fresh air. Custom built ins in the master bedroom and dining room are so convenient. You'll find that this home has an amazing amount of storage for it's size! There is a street level garage with additional parking on the street. The shed in the back yard has 220V electricity to it for a great workshop or studio with a built in workbench and storage. The County records do not include the addition of the master bedroom and the dining room to the rear of the home.
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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