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342 Closson Road
About This Property
This home features wonderful open floor plan w/Stone wood burning fireplace, Huge country Kitchen w/eat at island, granite counters, SS appliances, Large walk in pantry, & Dining area. The primary bedroom is fit for a king size bed, walk in closet for her and another closet for him, Master Bath w/jetted tub, custom tiled shower. & double sink. Lower level has 2 flex spaces w/ exterior entry. Note: the one flex space is accessible through the garage. Tons of storage areas even option for wine cellar. Don't miss this slice of heaven! Contingent on sellers closing on home they have secured to buy at same time.
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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