37 Chickadee Lane
About This Property
Large formal living room is a sight to behold, with Italian marble accents and custom crown mouldings. The handmade wood fireplace is a focal point, promising cozy evenings during the colder months. The kitchen is equipped with granite countertops, cherry wood cabinets, and top-of-the-line Fridgeaire appliances.
The exterior of the home has new roof and windows. The expanded driveway offers plenty of parking space. The entire lot is surrounded by a full vinyl fence, ensuring privacy. Backyard is complemented by brand new Cambridge paver patio, lush landscaping and sprinklers throughout, making garden maintenance a breeze.
The location offers a perfect balance of tranquility and convenience, with a wide range of amenities close by including parks, shopping, restaurants and highways.
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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