460 Cinnamon Drive
About This Property
This home is airy with light filled rooms that offers a timeless & functional design.
Polished terrazzo floor throughout add to the charm.
The endless list of updates includes, new hurricane windows & doors, supply & drain lines replumed, recessed lighting, kitchen cabinets, counters & backsplash. Primary bathroom refreshed with new tiles in shower, vanity & lighting. Plantation shutters throughout. Screen porch at the front of the house. Driveway, walkways and patio with brick pavers. Roof 2014.
Inside laundry room with washer& dryer.
Brick Firepit to enjoy the chilly nights.
Fenced yard. 10X 12 storage shed.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017