308 Trappers Sack Road
About This Property
The layout is classic and livable, with updates that have been made not for resale, but for real life. From the new roof in 2019 to the new HVAC and ductwork in 2022, the systems are solid and sound. The crawlspace has been fully insulated and protected, right down to the automatic vents. Even the exterior doors have been upgraded for beauty and efficiency.
And while there's no HOA, pride of ownership runs deep in Trappers Run. Lawns are tidy, porches are friendly, and neighbors still wave when they pass. So whether you're a runner, a birdwatcher, a hammock enthusiast, 308 Trappers Sack is calling your name. A place where you don't need to ''get away'' to feel away. They say you can't have it all. We say: Challenge accepted.
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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