387 Waterfall Road
About This Property
Upstairs, you'll find a large primary suite with plenty of room to unwind, along with three additional bedrooms for work, gym or flex space. This home features plenty of storage space for seasonal items, everyday essentials and so much more, for a clutter free lifestyle!
Step outside to a spacious backyard complete with a firepit-perfect for cozy evenings-plus abundant space for recreational toys, grills, and more. A two-car garage rounds out this well-appointed home that's ready to fit your lifestyle. If you want to be even more impressed, check out the video.
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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