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3704 GARON AVENUE
About This Property
All three bedrooms feature walk-in closets, while the primary suite includes dual vanities, a garden tub, and separate shower. A large utility/laundry room provides additional storage and functionality.
Outside, enjoy mature oak trees, a fenced backyard, and an oversized covered rear lanai perfect for relaxing or entertaining. The generous lot provides plenty of additional space for your boat, RV, recreational vehicles, or outdoor toys. With nearly half an acre, NO HOA or CDD, and plenty of room inside and out, this property offers a great opportunity to make it your own. Schedule your private showing 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