4119 Manor Forest Trail
About This Property
Nestled on an over-sized corner lot is where you will find this beautifully appointed home. Home features include: new flooring, tons of natural light, spacious and open floor plan, perfect for entertaining, updated kitchen with stainless steel appliances, granite counter-tops, upgraded bathrooms and fixtures, newer windows, newer energy efficient hot water heater, new A/C (2016)(Click More) and a freshly painted exterior which compliments your over-sized outdoor living space complete with pavers, screened in patio area, private and fully fenced in back yard.
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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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About Manor Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017