3022 PEVERLY RUN ROAD
About This Property
Upstairs offers generously sized bedrooms and comfortable living space, an owner's suite with tray ceilings, custom closet built-ins, his-and-hers closets, and a gorgeous upgraded ensuite. The basement offers excellent potential for future expansion, is equipped with a bathroom rough-in and an egress window. Use it now for a home gym, recreation area, storage, or finish it later to create additional living space.
Additional highlights include a 2-car garage, stunning patio, a beautifully handcrafted garden area, and an in-ground lawn sprinkler system.
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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