41 Pine Trace RUN
About This Property
would like. Home has Beautiful dark laminate flooring throughout the living room, dining room and Hallway, which is open and has plenty of windows for natural lighting. Kitchen has ample cabinet space and pantry space for plenty of storage, and the eat in kitchen area with a bay window is bright and roomy. 3 Bedrooms and 2 Bathroom make this a perfect size home. Go out the Breezeway to the completely separate 20X20 air conditioned Bonus Room. Beautiful wrap around porch, perfect to just enjoy the weather. Partially fenced in yard. You will love all this home has to offer! This is a CONVENTIONAL OR CASH PURCHASE ONLY.
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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