3087 Sean WAY
About This Property
Bright and open split floorplan w/ vaulted ceilings, beautiful chair rail molding, separate family room with wall-to-wall bookshelves, granite countertops in kitchen and bathrooms, keyless entry, outdoor security camera system, and two outdoor patios. Low maintenance yard. Several recent updates including new exterior paint (2019), all new GE Slate kitchen appliances including double oven (2018), several new hurricane-impact triple pane windows (2021), all new pool components (2022), new ceiling fans and blinds throughout, refreshed bathrooms with new fixtures (2021), plus new touchless Moen smart faucet in kitchen (2022), and brand-new Samsung washer and dryer (May 2022). Ethernet ports throughout home, giving you fast Internet, crucial for working from home. Plus, the living room and outdoor patio are already wired for surround sound! This home is move in ready and great for entertaining. Lots of life left on the roof, HVAC, and WH. Come see it today! *List agent is owner.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017