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297 Dingle Ridge Road
About This Property
The primary bedroom has an en-suite four-piece bath and walk-in closet. The bonus room can be used as a den or bedroom, offering extra space for guests. There are an incredible number of closets for many storage options. The daylight walk-out basement is suited for a gym, storage or finished for future living space. There is also a full house automatic Generac generator. This gorgeous home is ready for its next owner to move in and 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