5902 KING JAMES DR
About This Property
The house boasts 5 bedrooms, 2.5 baths , a bonus sunroom and a deck with peaceful views of the wooded area. Mature landscaping, spacious fully fenced yard with a soothing outdoor hot tub, ample play area for kids and 2 sheds. A large driveway offers plenty of parking space.
The main level features stunning hardwood floors. Lots of storage with built-ins throughout the home, neutral color scheme and very bright with lots of windows and natural light. Primary bedroom with lavish en- suite bathroom with a hydro massage tub. This house is move in ready.
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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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About Rose Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017