3 Cobble Creek Drive
About This Property
Full, unfinished walk-out basement presents endless possibilities. Whether you envision a gym, media room, or extra storage, this versatile space is ready to suit your needs. Conveniently located 2 car attached garage. Deck overlooks expansive fenced backyard, perfect for outdoor activities, gardening, or simply relaxing. Location offers easy access to nearby amenities such as schools, town and county parks, shopping, and major highways, making it an ideal choice for commuters and families alike. So much to enjoy in this fabulous Colonial!
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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