405 Northampton Circle
About This Property
This stunning home features fresh paint inside and out, an updated kitchen with new cabinets, quartz countertops, an island, and a separate dining room. The bathrooms have been modernized with new vanities, quartz countertops, new tubs, and master bath surround tile, mirrors, lights, and toilets. Each bedroom boasts walk-in closets. Enjoy new luxury vinyl flooring throughout the home, complemented by Ceramic tile in the bathrooms and laundry room. Skylights in each bathroom add natural light. The 12 x 16 Florida room with AC provides additional living space. Other updates include a new garage door opener and painted floors. The home also features vaulted ceilings, a roof from 2019, AC 2018, WH 2013.
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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