3506 HILLGROVE ROAD
About This Property
The primary suite offers private patio access through French doors and includes an en-suite bathroom with a large walk-in shower. Additional highlights include a separate utility room and an oversized bonus room that can be used as a home office, playroom, gym, or media space.
Step outside to your private backyard retreat featuring a fully fenced yard, sparkling pool with new lights and updated tile, two covered patios, and plenty of additional space surrounding the pool for relaxing or entertaining. The property also includes two storage sheds, a circular driveway, and ample parking space for multiple vehicles, boats, or RVs.
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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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About Valrico
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017