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31728 Stenzel Dr
About This Property
(built to code for hot tub), new front patio has propane fire pit and recent landscaping. The one acre lot is usable and fully fenced for your furry friends and features a super fun treehouse! A side gate allows access for RV/camper/boat parking. Kitchen and bath updates have been done, all flooring replaced as well as all doors and hardware. Reverse osmosis, Ring security and radon mitigation systems in place. Upstairs has wood stove insert to chase the chill and heat the house, and a gas fireplace in lower lever adds warmth and ambiance. A+ rated schools, home is on school bus route. Four bedrooms and a bonus room allows easy addition of home office. Rise Broadband provides excellent high speed internet for telecommuters (50/5). This is a must see property, clean, updated and ready to call home! Showings begin on 4/22.
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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