42 Apex Drive
About This Property
This home features two generously sized bedrooms, including a primary suite with its own private bathroom, along with an additional full bath.
The expansive, fully finished basement provides exceptional versatility, offering a den, office space, finished storage room, full bathroom, and utilities. With direct access to the side yard and attached two-car garage, it adds both convenience and functionality.
Enjoy outdoor entertaining in the large backyard, a blank canvas ready for your personal touch. Don't miss this unique opportunity to own a special home in a desirable setting.
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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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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017