3912 KING ARTHUR ROAD
About This Property
The inside of the home features the main level master with STUNNING master suite with 2 sinks, glass enclosed shower and soaking tub. Refinished gleaming hardwoods on the main and upper level. The sunroom overlooks the deck and yard. The main level has a fireplace in the living room, separate dining room and plenty of closet space. The upper level has 2 big bedrooms, refinished hardwood floors and updated full bath. The lower level is massive and plenty of space. It is carpeted, has a full bath and a HUGE storage area that is finished and has the laundry area and a walk up exit to the side yard.
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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