4846 CASPER ROAD
About This Property
Discover this ranch-style home nestled on a sprawling 7.74-acre lot. Built in 2013, this home boasts a meticulously maintained exterior and extensive hardscaping, creating an inviting atmosphere. Step inside to find an open floor plan adorned with upgraded finishes, including crown moldings and wainscoting. The gourmet kitchen features upgraded countertops, a spacious island, and modern appliances, including a built-in microwave and wall oven, ideal for culinary enthusiasts. The main level offers three well-appointed bedrooms, including a primary suite with a walk-in closet and a walk-in shower. Enjoy cozy evenings either on your front porch or on the rear and patio. The basement provides additional living space including a walkout entrance. In addition to the attached 2 car garage there is also a 3 car detached garage with a lift and another detached 1 car garage plus a shed. You will have plenty of space for your toys. One of the other joys of living here is being close to the canal where you can ride bikes, go boating or fishing.
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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