47 Parkview Circle
About This Property
recreation room with a new bath. A newly remodeled den includes a dry bar and ample light offering endless possibilities for entertainment, guest space, or a home office. Step outside to your own private oasis - a large deck overlooking a fully fenced backyard. The beautifully landscaped property is enhanced with outdoor lighting and a full
inground sprinkler system to keep the grounds vibrant year-round. Additional highlights include an attached garage for convenient parking. Complete home water-filtration system with a reverse osmosis outlet for pure drinking water and updated finishes and thoughtful upgrades throughout. Located on a quiet, circular street, the home is close to local schools, restaurants, and the Long Island Rail Road. Also nearby is Bethpage State Park and access to hiking, biking, and running trails. A perfect blend of indoor comfort and outdoor serenity - this home is a must-see!
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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