51
Map
3245 MOUNTAIN RIDGE Drive
About This Property
Inside, enjoy a formal living and dining area with tile floors, two chandeliers, a cozy fireplace, wet bar, surround sound, and side patio access. The kitchen features real stone countertops, a cooktop island, double ovens, a pantry, and built-in bookshelves. The spacious primary suite includes a sitting area, large closet, and an ensuite bath.
Step outside to a brick terrace with mountain views and mature flowering shrubs--perfect for relaxing or entertaining. A two-car garage offers automatic openers, ample storage, a utility sink, and laundry hookups.
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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