4885 Rayburn Road
About This Property
Over 3000 sq. feet w/ 3 large bedrooms & 2.5 baths. This unique property features a family room w custom stone-faced bar & built in shelving, formal living room, dining room & also a family room with wood burning fireplace. Large kitchen that overlooks the pool area w plenty of cabinet, food prep & counter space. Primary bedroom w ensuite features a huge walk-in closet and custom shower located on the first floor. Half bath that goes to the pool area so no wet feet in the house! Separate laundry room for convenience. Two large bedrooms, one full bathroom with a jacuzzi tub located upstairs.
Indoor pool area features pebble stone flooring, skylights and a rec room w a full summer kitchen! There is also a covered porch with fans leading out to the backyard paradise that is fenced in. 4 sheds & horse stable with 3 stalls. Properties like this are scarce these days so make your appointment today!
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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%.
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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