445 DENNETT ROAD
About This Property
A fenced in back yard with firepit and porch offer privacy and safety for children and pets. There's even a 2 car garage with paved driveway.
Hurry because it won't last if recent comparable sales in the neighborhood offer any indication of value.
The Following is a list of the updates to the house:
1. Mudroom: Updated the mudroom in 2021, including insulation in walls and ceiling, new windows and flooring. The door can be removed to open up to the kitchen and a new front door put onto the mudroom, leaving outside to allow for it to be heated and cooled.
2. Kitchen: All the appliances in the kitchen, except for the refrigerator are less than two years old.
3. Kitchen: New backsplash.
4. Bathroom: Updated the bathroom in 2015 with new flooring, tiled walls, shower door, lighting, & fan. Replaced the toilet in July.
5. Interior: Outlets and light switches have all been updated.
6. Fireplace/chimney: Replaced the flashing on the chimney and have also replaced the flu liner.
7. Garage: Installed automatic garage door openers in both sides of the garage, one of which is less than two years old.
8. Exterior: Installed the very large vinyl privacy fence in 2021.
9: Exterior: Replaced the railing with a vinyl railing on the front porch.
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Cap Rate Calculator
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