4852 BLUE MAJOR DRIVE
About This Property
Come find yourself at home in this 4/2 home with a large great room and separate dining room, arched openings add to design and decor along with a spacious great room that opens to gourmet kitchen w/42" cabinetry, breakfast bar, built in microwave, and full appliance pkg with gas stove. The master suite boasts a generous walk in closet and adjoining master bath with a double vanity and oversized shower. The covered rear porch is part of the roofline of the home and offers the perfect relaxation area with 6 1/2 ft. PVC privacy fence for complete rear yard. New roof in 2022 and new A/C in March 2020. Come see your new home today!
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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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About Summerport
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017