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4470 Bowstring Court
About This Property
As you step inside, you'll be greeted by an open-concept layout, perfect for entertaining and everyday living. The spacious living areas feature brand-new LVP flooring and an abundance of natural light, highlighting the home's sleek new design. The kitchen is a true showstopper, with all new stainless steel appliances, sleek cabinetry, and beautiful quartz countertops, making it a dream for cooking and entertaining.
Outside, enjoy the peace and privacy of living on a cul-de-sac on your screened in porch overlooking the water. This home is ready for you to move in and enjoy!
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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