15
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5507 Greylog Drive
About This Property
The kitchen opens to the main living space, providing ample room for meal prep and gatherings. Bedrooms are well-sized, with the primary suite offering privacy and comfort. The backyard provides space for outdoor enjoyment, entertaining, or future personalization.
Situated in an established neighborhood with easy access to Beltway 8 and nearby retail and dining, this property presents a great opportunity for homeowners or investors alike.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017