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4 Scribo Lane
About This Property
Enjoy an open layout, central air, and a bright kitchen featuring a beautiful backsplash and custom countertops. The private primary suite offers walk-in closets and its own full bath, while two additional bedrooms provide flexibility for guests, office space, or more. Dining room set included.
Step outside to an oversized front porch, a spacious shed, and private parking with a large area that fits up to 4 cars. Conveniently located within walking distance to parks and close to shopping, dining, and commuter routes.
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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 Myers Corner
Similar Homes for Sale
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017