3321 SHOMETTE LN
About This Property
Three additional generously sized bedrooms provide comfort and versatility, while the guest bathroom boasts a double sink vanity and a privacy door for the shower. Completing the upper level is a large laundry room, adding convenience to everyday living. Unleash your creativity in the expansive unfinished basement, equipped with a rough-in for a full bath, allowing you to tailor the space to your desires. Whether you envision a recreation room, gym, bedroom, or theater room, the possibilities are endless. Set against a backdrop of lush greenery and nestled within a coveted cul-de-sac, this home offers the epitome of peaceful living. Enjoy the convenience of being mere blocks away from two water access points offered by the Turnbull community, perfect for outdoor enthusiasts and nature lovers alike. Seize the opportunity to own the last remaining home in this prestigious community - your gateway to luxurious living awaits. Don't let this chance slip away.
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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