5 Washington Court
About This Property
On the second level, you'll find a formal living room that is open to the space below, adding an open, airy feel. complete with a cozy propane fireplace, floor to ceiling windows and skylight. The top level features three bedrooms, including the luxurious primary bedroom with a walk-in closet and easy access to the main bathroom, which boasts a relaxing jacuzzi tub and a stand-up shower.
The fourth bedroom, located on the first floor, is perfect for guests or multi-generational living, with a full bathroom and its own private outside entrance. A partial basement offers additional storage space and houses the washer/dryer and utilities.
This home also comes equipped with 2 year young high-end heating system & top of the line hot water heater, Brand new (2 months) Roth oil tank with 30 year warranty. central air conditioning, ensuring comfort year-round. Don't miss the opportunity to make this one-of-a-kind property your new home!
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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 Commack
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017