337 Milky Way Road
About This Property
Situated on an oversized lot, you'll love the wide-open feel and peaceful surroundings while still enjoying the comfort of a neighborhood with other families nearby. It's the best of both worlds-quiet country vibes without sacrificing convenience. You're just a short drive from schools, shopping, and local dining.
With room to grow, space to entertain, and endless possibilities to make it your own, this home is ready to fit the way you live.
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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