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4070 10th Avenue SE
About This Property
The home features attractive laminate wood flooring throughout the living room, dining area, and bedrooms, with tile flooring in the kitchen, bathrooms, and laundry room for easy maintenance. The kitchen opens to the dining area, creating a warm and inviting space for everyday living.
Step outside to the expansive screened lanai overlooking the peaceful backyard, complete with a walking trail extending to the rear of the property-offering plenty of room to enjoy nature and the privacy of your acreage. Additional features include a large storage shed for all your lawn equipment, abundant closet and storage space, a professionally maintained water softener system, and hurricane shutters for added peace of mind.
This home has been lovingly cared for and is move-in ready. Even better, the seller will be installing a brand-new roof shortly, providing tremendous value and peace of mind for the next owner. With the seller relocating, this is your chance to own a truly exceptional property that is ready to welcome you home.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017