4220 THORNCROFT TERRACE
About This Property
Some of the outstanding features of this home include an updated white kitchen with new appliances & countertops, spacious living room, separate dining room, laundry room, family room off kitchen and....spacious screened-in porch which will be your "go-to place" retreat.
The upper level features 4 spacious bedrooms and 2 full bathrooms.
The lower level offers great space for entertaining or a play room!
Some of the many updates include windows, roof, fresh paint, new flooring, updated kitchen, refreshed bathrooms and the list goes on!
Great home @ an Excellent Value!
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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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About Olney
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017