3513 SMITHVILLE DRIVE
About This Property
The main level offers a bright, open layout, while the finished basement provides the perfect space for a rec room, home office, or gym, an additional bedroom & full bathroom. Enjoy outdoor living on the expansive deck that spans the entire back of the home, overlooking tranquil woods for added privacy.
Car enthusiasts and hobbyists will love the 2-car garage with epoxy flooring and auto openers, plus a HUGE shed with electric, ideal for storage or a workshop. Just minutes to shopping, dining, and more!
Beautiful updates throughout, incredible outdoor space, and a prime location-this home truly has it all!
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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