3568 Althorp Drive
About This Property
Inside, this spacious 5-bedroom, 3-bath home delivers both functionality and style. The main level features a guest bedroom and full bath, perfect for visitors or multi-generational living. Gather in the inviting family room, complete with gas logs, or enjoy cooking in the kitchen featuring granite countertops, a gas range, and stainless steel refrigerator.
Upstairs, a versatile loft space provides the perfect spot for a media room, home office, or play area. Step outside to unwind in your screened porch overlooking a fully fenced backyard--ideal for entertaining, pets, or simply enjoying a quiet evening. Don't miss the huge 3rd floor storage/attic area.
This home checks all the boxes: space, upgrades, and a community that truly feels like a destination.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017