4853 Sandy Ridge Ave
About This Property
Located on the upper level is the spacious master suite including a MASSIVE master closet with built-in shelving, a spacious 5-piece master bathroom and mountain views galore! The master suite is conveniently separated from the 3 secondary bedrooms by way of a catwalk for privacy and spaciousness. The unfinished basement includes a 3/4 bath rough-in plumbing ready to be finished to your liking! Great neighborhood, walking distance to schools and easy access to I-25. Updates to the home include: new roof, interior & exterior paint, new carpet, new refrigerator, range & microwave. This home is turn-key ready and 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017