5716 CANVASBACK Road
About This Property
Master bedroom is split from 3 other bedrooms offering privacy. Oversized master suite that includes separate sitting area, massive walk-in closet, attached bath with walk in shower, relaxing garden tub and dual vanity. Other bedrooms are spacious and offer ample closet space. This beautiful home sits on 1.77 acres of private land. Carport and storage shed included with home purchase. Dirt road is maintained by the county. Another huge plus!
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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