45 Virginia Boulevard
About This Property
Welcome to your dream home on Virginia Blvd! This charming Cape Cod style residence offers a perfect blend of classic design and modern updates. With 4 spacious bedrooms and 2 full baths, this home is ideal for families or anyone seeking comfortable living space. Step inside to discover the inviting living area filled with natural light and a cozy ambiance. The kitchen is well-appointed with new appliances and ready for your culinary adventures. Recent renovations include furnace/water heater, two brand new bathrooms and whole house freshly painted ensuring modern convenience and style. Outside, you'll find a freshly installed roof, driveway and a new septic system, providing peace of mind for years to come.
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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