3010 Joanna Drive
About This Property
The kitchen is thoughtfully updated with quartz countertops, stainless steel appliances, custom cabinetry, and ample storage. Large windows and a sliding glass door bring in abundant natural light and provide views of the oversized backyard.
Recent upgrades include a newer roof, PVC plumbing, HVAC system, water heater, flooring, fencing, and energy-efficient windows, offering peace of mind for years to come. The generous backyard features plenty of room for outdoor living, gardening, or play, along with a storage shed for added convenience.
Ideally located near parks, dining, shopping, and major highways, this move-in-ready home combines modern updates with a prime location.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017