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301 NOVA COURT
About This Property
Large 5 Bedrooms, 4.5 Baths (all ceramic), Loft (4th level w/skylights), Study room (2nd level), Formal Living
Room, Family Room w/gas fireplace, Dining Room, Nook/Morning Room, Large open kitchen, Updated kitchen cabinet and new Quartz counter tops. Spacious Kitchen Island. Library
Room, Oak hardwood floor (first level), Oak stairs, cathedral ceiling, Laundry
room on 2nd level. Walk out basement with a recreation room and full bathroom. New Paints, New carpets, New recessed lighting, New basement flooring. Professional landscape w/maintenance free Deck, Stoned Patio, Front porch, Brick front, 2 car garage, Internet (Cat-5 & fiber optic), Cable/ Satellite Dish wiring in place throughout the house. Premium lot in a Cul-de-sac. Conveniently located: Minutes from Golf courses, Church, Temple, Mosque, Schools (elementary, middle
and high), public transportation, shopping centers and major routes, etc.
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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.
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About Colesville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017