445 Buttermere Road
About This Property
Upstairs features three additional bedrooms, a full bath, and a versatile bonus room that can easily serve as a fifth bedroom, office, or media space. Enjoy life in a vibrant community with resort-style amenities including a pool, tennis courts, and scenic walking trails. Ideally located just minutes from top-rated schools, I-77, and the Greenway. Home has had inspection from previous buyer and all repairs have been completed. This is a rare opportunity you don't want to miss!
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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