41 Parnell Drive
About This Property
The chef's kitchen features a center island, white cabinets, granite countertops, Frigidaire professional French door refrigerator and stainless steel appliances, tile backsplash, farmhouse sink, Sharp microwave drawer, and Fabuwood cabinetry with under-cabinet LED lighting. The first-floor primary suite includes hardwood floors, recessed lighting, a ceiling fan, enormous walk-in closet with closet system, and a spa-like bath with a double vanity, marble floor, and oversized glass shower. The second floor offers four bedrooms and a hallway bath with double vanity, quartz countertops, and subway tile. The fully finished basement features high ceilings, a second kitchen, a full bath with walk-in shower, and a laundry room with a Whirlpool washer and dryer. Additional highlights include Anderson 400 series windows, Levolor sheer shade window treatments, R-15 and R-30 insulation, 200-amp electrical, hardwired Wi-Fi hotspots, Rheem 2.5-ton AC, Honeywell Wi-Fi thermostat, and CertainTeed siding. Every inch of this home is built for style, comfort, and entertaining. Don't miss out!
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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