40893 FOXTAIL FIELDS DR
About This Property
Entertain guests in the massive basement with luxury vinyl plank flooring, an extra kitchen with large sink, microwave, full sized dishwasher, white shaker cabinets, and black granite counter tops. Other basement features include recess lighting, an extra bedroom and full bath, a large storage space, a chairlift, and extra washer and dryer. This home truly has everything a family needs. Don't miss this incredible opportunity!
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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