3402 PEARSON ROAD
About This Property
Key Features
Open Concept Living: The home's layout features an open living area that seamlessly connects to the kitchen-ideal for relaxed everyday living or entertaining.
Spacious Bedrooms: A generous primary bedroom and a well-sized second bedroom provide comfort and flexibility.
Durable Upgrades: Vinyl plank (LVP) flooring throughout the home ensures both style and easy maintenance.
Enclosed Lanai: Enjoy an indoor-outdoor space that can serve as a sunroom, additional seating area, or play space.
Modern Roof: The property boasts a metal roof installed just four years ago, giving peace of mind when it comes to durability.
No HOA: With no homeowners association fees, you have the freedom to make this property truly your own.
Needs some care.....
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017