3531 Allenby Place
About This Property
Step outside to a peaceful, flat backyard complete with a 6-foot privacy fence and a covered patio-your own quiet space to unwind, gather, or simply enjoy the day.
There is plenty of room for everyone, thanks to 4 bedrooms on the second floor. Easily convert any of the 5 bedrooms to a home office! Located in the Stratford community, residents enjoy access to a playground and picnic area, with Crooked Creek Park and Porter Ridge Schools just 10 minutes away. Come see why this could be the place you've been waiting for!
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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