38 Buckout Road
About This Property
Upstairs features three spacious bedrooms and two beautifully designed bathrooms. The primary suite is filled with natural light and offers generous closet space along with a large, spa-like bath. A sizable laundry room and bonus room, ideal for a gym or flexible living space, complete the second floor. Not to be missed is the finished storage of an additional 660 square feet-perfect for a playroom or recreation space. The expansive, level property offers exceptional privacy and endless potential-ideal for outdoor entertaining, recreation, or the addition of a pool-creating a truly special setting for indoor-outdoor living.
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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