4445 Woodfield Boulevard
About This Property
Pool Heater
New Roof
New A/C units - moved from the attic to 2 in the garage and 1 in the master bedroom utility closet
New garage cabinets
New flooring throughout the house
Raised the master bedroom ceiling and eliminated one bedroom to make the master suite larger
New Master Bath - tore out the existing bathroom down to the studs and put a new bathroom in
New closets in the master bedroom
New interior doors throughout
New outside paint
New interior paint
New LED lighting throughout the house
New landscaping
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017