2910 Rex Allen Drive
About This Property
Nestled in an established neighborhood, this charming home boasts numerous recent upgrades for modern living. The kitchen has been beautifully remodeled, featuring fresh paint, updated hardware, and stunning granite countertops. New tile floors add a touch of elegance, complemented by luxury vinyl plank flooring throughout the rest of the common areas in the home. The interior shines with fresh paint, new mirrors, updated lighting fixtures, and stylish ceiling fans. Additionally, the property includes a newer water heater and HVAC system, ensuring comfort and efficiency year-round. Recessed can lighting enhances the ambiance, making this home a perfect blend of style and functionality. Enjoy your shaded backyard, covered patio, and three sheds for extra storage space. Don't miss out!
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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