598 CRAB APPLE ROAD
About This Property
Built in 2025, the property boasts new condition with a warm and inviting atmosphere throughout. The heart of the home features a spacious kitchen with a central island, stainless steel appliances, and a pantry, making meal prep a delight. Enjoy the luxury of beautiful wood flooring, complemented by recessed lighting and ceiling fans that enhance the ambiance. The primary suite includes a walk-in closet and a beautifully designed bathroom with double sinks and a walk-in shower for your relaxation. Outside, the property is a true retreat. The 0.29-acre lot backs to lush trees, providing a tranquil backdrop and a sense of privacy. Enjoy evenings on the front or rear deck as you unwind surrounded by nature. The gravel driveway offers ample parking for guests, while the cul-de-sac location ensures a peaceful environment. With its thoughtful design and desirable features, this home is a perfect sanctuary for those seeking comfort and convenience in a picturesque setting. Experience the beauty of nature right at your doorstep while enjoying modern amenities that make everyday living a pleasure.
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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