306 STILLMEADOW DRIVE
About This Property
Nice open, bright , layout, offering 3 spacious bedroom, primary with a primary bathroom , with 2 additional bedrooms. Huge living room / dining room space with a wood burning FP , leads into an open kitchen with all stainless steel appliances, nice eat in kitchen are viewing a rear screened patio off the kitchen sliders. separate laundry room / pantry area leads into the large 1 car garage.
Great location situated across the street from Riverside elementary school and convenient located to all Joppatowne amenities: shaping, churches, several schools, Mariner Point Park , boating piers. and so much more ! This one will not last long!
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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%.
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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