30 SUMTER DRIVE
About This Property
Taking the newly carpeted stairs to the newly carpeted second floor brings you to a full bath with tub/shower combo, as well as 4 bedrooms. One of these being the owners suite with a large/deep walk in closet, as well as its own private bath with double vanities, a walk in shower and soaking tub.
Heading down into the basement brings you to an unfinished area with mechanicals and tons of storage space or space to be finished using your imagination to suit your needs.
This house has it all, built in 2005 and all major systems are up to date. The roof is 8 years old, HVAC is only 2 years old, the two hot water heaters are only 2 years old, and the flooring is brand new. Come see why its your perfect house today!
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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