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5717 CHARLESTOWNE DRIVE
About This Property
The main level features a home office with built ins, a separate dining room ready for gatherings, and a large living room with a cozy fireplace. Newly refinished hardwood floors and fresh paint throughout give the home a bright refreshed feel, while the generous room sizes provide plenty of room to live, work, and relax.
Step outside to enjoy the rear patio-perfect for moring coffee or evening entertaining-overlooking a large flat backyard with plenty of room to play or garden.
Ideally located near top private schools, three universities, and with easy access to downtown and I-83, this is a wonderful place to call home.
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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