4600 James Road
About This Property
Pool Bath is a FULL bath (3 total) and is also accessible through the master which is very convenient as it provides TWO full baths from the Master Bedroom!
The 4th Bedroom is currently accessible through the 3rd bedroom or from the Garage, which makes a great home office, craft room. OR a BONUS is the Garage has been enclosed which would make an easy conversion to a MOTHER-IN-LAW or Guest Quarters! There is a utility room, currently an expansion room off of the laundry room but could easily be turned into a 4th bathroom to make that space complete as a private guest quarters! OR convert the Garage back to a garage by adding the rollup door back to the front. LOTS of options in this expansive home. (see attached floor plan)
No HOA NO monthly fee
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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