28
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37 King Drive
About This Property
Inside, you'll find an inviting open floor plan with new flooring, fresh paint, and brand-new stainless steel appliances. The spacious primary suite includes a beautifully renovated bathroom, while two additional bedrooms provide comfort and flexibility for family, guests, or a home office.
Step outside to enjoy the newly built deck, perfect for entertaining or simply soaking in the stunning mountain scenery. The unfinished basement, with both interior and exterior access, provides abundant storage and is well-suited for a workshop or additional workspace.
Great location with shopping, restaurants, and everyday essentials just minutes away-make this your home today!
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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