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342 WHITE TAIL ROAD
About This Property
+/-4,574 conditioned and finished square feet PLUS full +/-1,585 square foot unfinished basement (square footage based on 2022 County Approved Plans which are available) with 5 bedrooms, 4 full baths and 1 half bath. Spacious Primary Bedroom Suite features a vaulted ceiling, dual walk-in closets, and a luxurious en-suite bath. Gourmet kitchen with Viking gas range and solid surface counter tops, no refrigerator. Upper level: 4 bedrooms, 3 full baths, large recreation/game room with wet bar, laundry room. Additional Features: Attached two-car garage, Two 200-amp electrical services, tankless water heater, heating/Cooling: HEIL electric heat pumps, gas fireplaces in living room and on rear, elevated porch, well/septic, buried propane storage tank. PRICE SHOWN IS TAX ASSESSMENT, ACTUAL PRICE TO BE DETERMINED AT FORECLOSURE AUCTION. NO PRE-AUCTION OFFERS WILL BE CONSIDERED.
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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