39
Map
3248 W 111th Pl
About This Property
The garden level basement is spacious and has unlimited possibilities. With room for a pool table, guest suite, workout room, play room, and/or movie theater you will will be allowed to let your imagination run wild. Two furnaces and two a/c units will keep you cool as you enjoy this well designed home. Keep in mind that the exterior paint was just redone, the roof is 2 years old, and the front porch was just resurfaced as well. I would like you to notice the 2 year old Trex deck that has a fire pit on it! The green space behind you is perfect for sports, but it is maintained by the HOA...the best of both worlds.
Everything you could want is in this home. Check out a fun video tour here: https://youtu.be/viRD6jC64JM and then schedule your tour today!
Information provided herein is from sources deemed reliable but not guaranteed and is provided without the intention that any buyer rely upon it. Listing Broker takes no responsibility for its accuracy and all information must be independently verified by buyers.
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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