300 CANOE LN
About This Property
Affordable and clean! Single-family home conveniently located on a cul-de-sac corner fenced in lot waiting for someone to make it their own! The main level boasts a large living space with an eat-in kitchen. The living room has shiny, hardwood floors with a huge storage space under the stairs. On the upper level are 3 generous sized bedrooms. The primary has its own bath with a double sink. Another hall bath services the rest of the bedrooms. Just cleaned carpet throughout this level. You also have a single car garage with wide enough driveway for two additional vehicles. You will love the wrap around porch too. A great space for the price. Better hurry!
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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