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Map
3609 Biltmore Drive
About This Property
The stylish kitchen glows with fresh updates along with a built in breakfast nook.The tranquil main-floor primary bedroom includes private bath with step-in shower with a backdoor to patio. This home features one level living with the hallway bath convenient to the two guest rooms. Parking? No problem for residents or guests with a one car garage and a double driveway that will hold two cars. Don't let this one get away!
Features:
* French drain system with electrical water pump in the back and front yard
* Wired security system recording 24/7 with 4 HD cameras
* 6 inch gutters on the house and game room
* Outdoor sound system
* Game room also has a built in sound system
Measurements and facts are believed to be accurate - but if important please verify.
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Cap Rate Calculator
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