2829 Summer Brooke WAY
About This Property
Inside you will find a large open floor plan creating a spacious and airy atmosphere. Upon entering through the front door, you will be greeted with the dining room to the right and a den to the left. Forward of the Fourier is the large great room space featuring a vaulted ceiling, beautiful fireplace, with kitchen and breakfast nook area to the right. You will then notice the access point to the large screened in Florida Room showing off the beautiful landscaped and fenced in backyard. You will find this is the perfect area for relaxing, or entertaining guests. The large primary bedroom boasts of a walk-in closet, allowing for plenty of storage space. Three additional bedrooms are at the opposite end of the home, allowing for privacy.
Surrounded by mature landscaping, the property exudes a sense of natural beauty and tranquility, creating a peaceful retreat from the hustle and bustle of daily life. The quiet neighborhood enhances overall appeal, providing a peaceful and safe environment for residents to enjoy.
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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