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3913 Sherwood Boulevard
About This Property
The interior of the house features an extremely open floor plan, a large built in bar, and a fantastic kitchen with a long center island, making it perfect for entertaining and hosting Holiday celebrations. The kitchen also features a massive amount of storage space. The master bedroom is the size of 2 rooms and has a tremendously large walk in closet! The master bathroom features dual sinks and a giant shower. The 2nd and 3rd bedrooms share a Jack & Jill bathroom, perfect for those who want separate bedrooms and can share a bathroom. There is also a 3rd full bathroom off the main living space. The property also features a large 2 car garage with built in storage racks suspended from the ceiling so they don't take up any room in the garage.
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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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About Sherwood Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017