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4125 Song Drive
About This Property
Recently painted Exterior. New AC 2017.
Ease in Lawn care at this home with a Natural Foliage Barrier for Privacy in the back yard.. Plenty of running space in the back yard. Inside you will find the COMFORT of Cathedral ceiling and large windows that allow all the natural light into the home. Large open floor plan which is 17x 17.6, Enjoy dining in this huge kitchen space where all the family can gather and enjoy the home cooked meals. SPLIT bedroom plan. 12 x 10 Superior SHED as well as a Garage 20W x 19L. This neighborhood is a great place
to raise children. High Rated Schools, Churches close by and Ease of access to all major highways and SHOPPING.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017