4590 Fraser Way
About This Property
As you step inside, the main floor greets you with an open-concept living and dining area, flowing into a bright, stylish kitchen. It features plenty of cabinet space and newer stainless steel appliances. Down the hall, you'll find a full bathroom and two spacious bedrooms. From the kitchen, you can access a nice-sized deck that leads to a huge backyard-perfect for entertaining friends and family.
The lower level provides even more living space, complete with a second kitchen, a family room, two additional bedrooms, and a bathroom. This home also boasts several recent updates, including a new roof (installed this year), new windows, fresh paint throughout, a new washer and dryer, and a water filtration system.
Don't miss out on this incredible opportunity-schedule your showing today!
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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