548 SHIPLEY RD
About This Property
Step into the bright and modern kitchen, equipped with sleek stainless steel appliances, perfect for culinary adventures and entertaining guests.
Stay comfortable year-round with the brand-new HVAC system providing central air throughout the home, ensuring a cozy atmosphere regardless of the season. Step outside to find a generous deck that overlooks the expansive backyard, providing the perfect setting for outdoor gatherings, relaxation, and recreation. Additionally, take advantage of the convenient two-door garage and attached shed, offering ample storage space for your tools, equipment, and recreational gear.
Nestled in a welcoming community renowned for its friendly atmosphere, this home offers the perfect blend of comfort and convenience. With nearby shopping, dining, and entertainment options just minutes away, everything you need is within reach. Conveniently located and inviting, this home is ready to welcome you into a life of ease and enjoyment. Don't miss out on the opportunity to make it yours.
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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