4 Wembley Court
About This Property
Step inside to find fresh paint throughout, brand-new carpet, resurfaced hardwood floors that set the stage for a warm, inviting atmosphere. The dual-sided fireplace creates a cozy focal point that enhances both living areas, perfect for relaxing or entertaining guests.
The large eat-in kitchen features new stainless-steel appliances, including a counter-depth refrigerator, dishwasher with a top rack, slide-in oven, and microwave, ideal for any home chef. Just off of the kitchen, step out onto the spacious deck, a perfect spot for outdoor dining and entertaining.
The home also includes a single-car garage and sits in a mature, tree-lined community known for its charm and convenient location.
With thoughtful upgrades throughout and move-in-ready condition, this property offers exceptional value!
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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