3578 Martin Path
About This Property
There is so much to love in the lower level-a HUGE Family room that adds another full living space! There is also a home office, 4th bedroom with large egress window allowing plenty of natural light! There is an additional storage room also. Outside you will enjoy the large freshly painted deck with spindled rail and fenced off area from pool with security gate. This adds additional outdoor living space and perfect for enjoying the pool area and pool has just had a new sand filter installed! The landscaping has beautiful plantings for pops of color. Attached 2 stall garage. Brand new high efficiency furnace and Water Heater recently installed and sump pump! **Showings to start on Thursday, August 4th**
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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