543 Circle Drive
About This Property
You will love the natural light flowing into the house from the large windows. The fireplace is the perfect focal point in the living room and this space is ample for entertaining. Formal dining room looks out to the beautiful back yard lined with trees. Kitchen is spacious with room for a breakfast area. 3 bedrooms and 2 full baths on the upper level. Basement offers a wonderful rec room/den with fireplace and a large storage closet. Bonus room has built-ins and this room can serve many purposes such as a workshop, craft room or an office. There is enough space in the bonus room to make it a multi-purpose room. The mud room with a half bath gives you the perfect spot to come in and clean up after being outside in the beautiful backyard.
Acreage: .51
Schools: Hudson, Hudson, South Caldwell
Offers: Preapproval letter or Proof of funds requested with all offers.
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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