4123 CASSELL BOULEVARD
About This Property
The home boasts an updated galley-style kitchen, ideal for culinary enthusiasts, featuring modern appliances and plenty of cabinetry for storage. As you step onto the upper level, you'll be greeted by elegant hardwood flooring that enhances the home's warm and inviting ambiance.
The property is equipped with an attached two-car garage, ensuring ample space for vehicles and storage needs. Recent upgrades include new HVAC, providing peace of mind and added value.
Step outside onto the back deck, perfect for entertaining or relaxing while enjoying the tranquility of the fenced-in yard. Residents will appreciate the proximity to community access to the Chesapeake Bay, offering opportunities for recreational activities just moments away.
This home blends timeless charm with modern convenience, making it a must-see for buyers seeking a place to call their own in this desirable location.
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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