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5487 Sandbirch Way
About This Property
Notable upgrades include a custom built-in primary closet, solar panels for energy efficiency, an oversized screened-in patio, and an entertainer's dream built-in outdoor kitchen complete with a pizza oven. The backyard is enhanced with fresh fruit trees and herbs, creating a private and inviting outdoor oasis. Additional features include an engineered gutter system and an insulated garage with a split A/C unit, ideal for a gym, workshop, or additional storage comfort.
Conveniently located near dining, shopping, and ev eryday essentials, with easy access to major roadways, this home offers both lifestyle and practicality. A rare opportunity to own a move-in-ready home with exceptional upgrades in a sought-after community.
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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