468 Whiting Lane
About This Property
This 3/2 home has been updated with Travertine tile floors in kitchen and living room, granite countertops, stainless appliances. HUGE laundry room with cabinets. Owner's suite with large walk in shower and walk in closet.
Large covered patio and lush, tropical landscaping makes for lovely outdoor living.
2 outdoor sheds for yard equipment and storage. A/C unit is 2yrs new. Metal roof and windows replaced in '07.
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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