49 INCONNU DRIVE
About This Property
The first floor offers a spacious family room that opens to the kitchen, which includes ample storage space, and a dining area with laminate flooring. A half-bath is conveniently located near the entrance.
The second floor is carpeted and features a large area perfect for an office or entertainment space. The primary bedroom includes a spacious closet and a double vanity in the en-suite bathroom. The other two bedrooms share a bathroom with a bathtub. A dedicated laundry room is located near the loft.
Conveniently situated near stores, restaurants, and more. Nearby parks have a boat ramp, picnic areas, walking trails, exercise facilities, and other recreational spaces. Seller motivated.
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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