36
Map
3905 HARRISON ROAD
About This Property
Major upgrades provide peace of mind, including: 200 amp electric heavy-up (2004), 30-year roof on both house and garage (2004), Siding (2005), HVAC system (2007), Whole house generator (2012), Electronic air cleaner (2015), Energy efficient Pella casement windows. Additionally, car enthusiasts, hobbyists, or entrepreneurs will love the oversized detached garage measuring approximately 15'7" x 26'7" with tall ceilings - in addition to the attached 2-car carport. With over half an acre of land, adjacent to county park, no HOA, and a setting that feels private yet central, this is a rare opportunity to own a truly well-maintained home with space to grow.
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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