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44046 CROSS CREEK Boulevard
About This Property
The main living area seamlessly flows into the designated dining space and is just steps away from the generously sized kitchen. The kitchen features abundant cabinet storage, ample countertop space, stainless steel appliances, and an oversized window overlooking the front yard, filling the space with natural light.
Step outside and take in the serene surroundings from the screened-in porch, or venture further to the picturesque pond that creates the perfect backdrop for relaxing evenings around the fire pit. The property also includes a garage offering additional storage and workspace, along with a convenient RV pad.
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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