43 PETUNIA ROAD
About This Property
The first floor features new vinyl flooring throughout and an open concept design that seamlessly connects the living room to the stunning new kitchen. Here you will find granite countertops, stainless steel appliances, a tile backsplash, and an impressive oversized island, ideal for everyday living and entertaining. The kitchen flows into a bright dining area with sliding doors that open to a fenced in backyard, perfect for outdoor gatherings. This level also includes two comfortable bedrooms and a full bathroom.
Upstairs, the second floor offers three generously sized bedrooms, all with recessed lighting and new carpeting. A beautiful hall bathroom with a tub shower combination, a convenient second floor laundry room with vinyl flooring, and a spacious primary suite complete the level. The suite includes a large walk in closet and an attached bathroom featuring tile flooring and a double sink floating vanity.
Additional highlights include a brand new driveway and an oversized one car garage. This home is truly move in ready, every detail has been thoughtfully finished so you can simply unpack and enjoy.
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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 Plumbridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017