44 SAN NUEVE Circle
About This Property
Adjacent to the main living areas, you'll find a dedicated office designed for productivity & comfort. A standout feature of the home is the fully equipped in-law suite, offering privacy with its separate entrance. This suite includes a cozy bedroom, bath, a comfortable living room, kitchenette & 1 car garage. Upstairs, a versatile bonus room w/ full bath can serve as 5th BR, home theatre or additional family room. Custom touches throughout include, automated blinds on most windows, crown molding, upgraded fixtures, and ceiling fans, AC units in both garages, and all add to the home's aesthetic and functional appeal.
The exterior impresses with a sprawling lot backing to a tranquil preserve, providing picturesque views and privacy. The cul-de-sac location ensures a peaceful environment with minimal traffic.
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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