502 Quaker Dell Lane
About This Property
Perfect for entertaining, this 55+ retreat features generously sized bedrooms -ideal for guests, an office, or hobbies. A convenient walk-up attic provides easy access to even more space, while the outdoor patio invites you to relax and enjoy nature.
Additional highlights include a new roof and windows (2024), two beautifully tiled shower baths (2017), HVAC (2016), and hot water heater (2016). Refrigerator, washer, and dryer convey. Walk-up attic stairs located in the garage.
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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