55 Colburn Drive
About This Property
Main floor living area with cozy fireplace and pellet stove flows easily with kitchen and enclosed porch for additional living space. This lot is over a half acre with large unlock patio, gazebo, enclosed porch and deck offer endless outdoor entertaining possibilities.
This property is a car enthusiasts dream! Double wide driveway leads to one car drive under garage bay with separate workshop and storage. Two detached garages! First is an Amish built 2 bay garage with additional storage. Second is a single bay with lift. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,1 Car Detached,2 Car Detached,
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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.
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About Spackenkill
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$6,550 /mo
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$5,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017