506 Vz County Road 3724
About This Property
Open to the dining area, it is great for entertaining. The kitchen boasts granite counters, electric oven,dishwasher & a tile floor that continues into the utility room & pantry area. Master suite is downstairs with luxury laminate, 2 ceiling fans,and walk in closet.Adjoining bath has a tile shower,soaking tub, & vanity. Office area could be a 4th bedroom with its own rustic bathroom. Shower,pedastal sink, wood walls & tin ceiling. Upstairs are two bedrooms,a landing area and bath with shower.Covered porch & patio, Wkshp has roll up door and elec.
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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