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4137 Ponds Drive
About This Property
This home is ideal for those with a passion for their ''toys.'' With a 12x24 shed equipped with 30 AMP service, plus additional storage in the garage partition, you'll have all the space you need. The property also offers ample room to park an RV, boat or work equipment securely behind the double gate.
Lovingly maintained, this home boasts several recent upgrades, including a new A/C (2022), W/H (2022), Roof with SWB (2022), and IMPACT windows and sliding glass door (2023). Don't miss this opportunity to own a home that perfectly balances comfort, privacy, and space for your passions.
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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