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540 Starlite Dr
About This Property
Step inside to a bright and welcoming main living area with warm wood flooring, plenty of natural light and an easy connection to the dining area and kitchen. Multiple bedrooms and living spaces create flexibility for guests, working from home, hobbies, a playroom or simply having a little more room to yourself, while the finished lower level adds another dimension to the way the home can be used.
There's something special about a home that gives you room to make it truly yours. With bright neutral spaces and a wonderfully versatile layout, this one offers a beautiful canvas for your own style, furniture and the life you'll create here.
Outside, the established backyard is ready to be enjoyed. A covered patio provides a comfortable place for morning coffee, summer dinners or relaxed evenings outdoors, overlooking a spacious lawn with mature landscaping, garden areas and a storage shed.
With a 2-car garage, generous 0.26-acre lot and no HOA, there's a lot to appreciate here. Fresh, bright and ready for its next chapter, this home offers the space and flexibility to settle in, make it your own and feel at 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017