580 Sandi Ln
About This Property
Open floor plan with 3 bedrooms, 2 baths and a 2 car garage. Gourmet kitchen with gas stove, newer stainless steel appliances, pantry, and spacious counters and cabinets. The home has recently been painted on the exterior, and has a newer roof with solar panels too. The backyard has a nice patio with retractable awning, a storage shed, a privacy fence and the home backs to a paved walking/bike path. Close to I-25 and highway 52. Come see why you will want to make this your next 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017