6 John Drive
About This Property
The kitchen offers abundant cabinetry, stainless steel appliances, recessed lighting, and direct access to the outdoor deck, creating a practical setup for both everyday living and entertaining. The lower-level family room adds flexible bonus space that can function as a media room, home office, workout area, or recreation space. Updated bathroom finishes include a modern vanity, subway tile shower surround, and contemporary fixtures that give the home a refreshed and move-in-ready feel.
Outdoor features include a fenced backyard, spacious front and rear yard areas, and a deck suited for dining, gatherings, or relaxing outdoors. The roof was replaced in 2022, offering added value for buyers looking for major system updates already completed. Conveniently located near schools, shopping, parks, and commuter routes throughout Orange County.
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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