Upon entry, you are met with a private study room, a walk-in
utility room, a closet, and access to your two-car garage. You are
soon met with the soul of the home - the massive family room with
two-story ceilings, as well as the conjoined kitchen and breakfast
area providing optimal convenience. The kitchen is fully equipped
with sleek granite countertops, flat-panel birch cabinets, and
industry-leading appliances. This home has the option of a spacious
extended covered patio in the backyard. Head across the kitchen
where you will discover the convenient downstairs powder room, and
the secluded master suite. Your master bathroom is complete with
cultured marble countertops, the option for dual vanities, and a
large walk-in closet. Follow up the stairs and you will come across
an expansive game room, as well as the three remaining bedrooms
with the second bedroom boasting a walk-in closet. The full
secondary bath also sits upstairs in between the third and fourth
bedrooms.
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.
Interior Features: Ceiling Fan(s), Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Soaking Tub, Walk-In Closet(s), Wired for Data, High Speed Internet, Ceiling-High, Primary Bedroom on Main
Appliances: Built-In Gas Range, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Water Heater, Microwave, Stainless Steel Appliance(s), Vented Exhaust Fan
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