413 Rio Villa Boulevard
About This Property
large kitchen with Island opens to the family room and breakfast nook, 2nd and 3rd bedrooms with a full bath in between, back 4th bedroom makes a wonderful office, brand new Trane A/C, lexan storm shutters, oversized .32 acre lot. 2 car garage with newer door and opener, enters to Air conditioned workshop and laundry room, yes this solid home built in 1999 could use some updating but what a great floorplan and possibilities. A lot of home for the money in upscale Rio Villa without the drama of a guard house or gate. Listing Broker is related to owner. Easy show and sell!!!
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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