3542 Cascade Ive Drive
About This Property
Outdoor living is elevated with a custom paver patio, retaining wall, improved drainage, new sod (2023), and an under-deck area with waterproofing, lighting, ceiling fans, a TV setup, and freshly refinished decking (2024). Additional updates include new interior and exterior light fixtures, toilets, faucets, comprehensive interior paint, and luxury vinyl plank flooring in the secondary bathrooms with updated vanities. A buried electric pet fence ensures safety for your furry companions. A permanent Pest Control System is installed in the attic/roof.
Residents of Cascade Falls enjoy access to swimming pools, a clubhouse, playground, tennis and pickleball courts, walking trails, a dog park, and expansive green spaces. Located within the innovative Seckinger High School district, renowned for its AI-focused curriculum, this home offers access to cutting-edge educational opportunities.
Multiple offers received. We are calling for highest and best by noon Monday.
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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