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Map
2821 Briarcliff Road
About This Property
Large double gates for RV or boat storage in the back yard
Plenty of room for a pool
New Covered deck
New garage door
Roof replaced 2019
Updated cabinets throughout
Pantry area and coffee bar added
Granite countertops throughout
New Stainless & black appliances
New LVP throughout
New sprinkler system
New hot water heater
New digital remotely controlled thermostats
Two heat pump HVACs
Walk-in tiled shower with rain head in main bath
Expanded master closet
Tiled bath with tub and rain head in bath two
Fireplace cleaned, sealed and new flue installed
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Cap Rate Calculator
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