55668 YELLOW JACKET Drive
About This Property
Beautiful large lot with plenty of privacy. Home was custom built and has been lovingly refinished to almost brand new condition. Huge garage with mother-in-law or teenager's suite above it-576 sq ft of total sq footage- (4th BR/4th BA)or use for extra income. Seller has replaced all flooring in living and dining room/master bedroom. All new Stainless Steel appliances. New roof. Covered walkway to the oversized garage and new rear deck. There is room for a pool- Includes a 1 year American Home Shield Warranty! Note: Was under contract but 2 buyers home sale fell through so this home is back on the
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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