32
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3845 Cedar Park Drive
About This Property
Full landscaping, growing beds around perimeter of backyard, drip and sprinkler system, vegetables and fruit trees, fully fenced backyard. Well water and city water, Gutters, vinyl plank flooring throughout entire house, ceramic coat paint, full granite backsplash, Smart high end appliances, Pond view, & garden well water.
Home features tray ceilings in living room & master bedroom, LVP flooring in main areas, spacious master suite with easy access to the laundry room, open kitchen/dining/living area that leads to a covered porch. Additional bathroom includes a double vanity. Kitchen includes custom cabinets and stainless steel range, dishwasher, & microwave.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017