30
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4089 Forever Cir
About This Property
The master suite is filled with natural light thanks to beautiful windows. The master bath features ample storage with a walk-in closet and a spacious shower. In the great room, enjoy exceptional sound quality from the built-in surround sound system, which includes Klipsch speakers and a Sony amplifier.
The Control 4 Home Automation system allows you to manage the thermostat, TV, security system, and music that can play in the master bedroom, master bath, living room, and office. The unfinished basement offers additional space for a home gym, storage, or customization according to your needs.
The expansive deck and outdoor kitchen provide ample room for large gatherings, complete with space for a couch, table, and plenty of lounge chairs, ensuring your guests can relax comfortably. The professionally landscaped backyard features easy-to-maintain turf. This one-owner home has been well cared for and is ready to create many more memories.
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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