5612 EPPES ISLAND PL
About This Property
As you enter the spacious foyer, you're greeted by hardwood floors that flow through the formal living room, dining room, and upgraded kitchen. The eat-in kitchen boasts stainless steel appliances, granite countertops, an island, a double sink, plenty of cabinet storage, and access to the deck.
The window-lined family room is spacious, providing ample space for relaxation and entertainment. Upstairs, the peaceful primary suite features vaulted ceilings, a private ensuite bathroom with double sinks, a luxury glass-doored shower, and a walk-in closet. The upper-level guest bath also has double sinks, providing convenience and space for all.
The full basement is wired for sound and includes a utility room, multiple storage rooms, the 5th bedroom, and an additional full bathroom with a walk-in shower. Outside, you can entertain on the covered lower-level stamped concrete patio or the upper-level deck that spans the entire back of the home.
There are so many reasons to love this home. Come see it for yourself!
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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