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6012 Michelle Circle
About This Property
This beautifully maintained 3-bedroom, 2-bathroom home nestled on a quiet cul-de-sac. Thoughtfully designed with modern finishes and an open, airy layout, this home offers the perfect blend of comfort and functionality for everyday living and entertaining.
Luxury vinyl plank (LVP) flooring flows throughout the main living areas, enhancing the seamless feel of the spacious floor plan. The bright and inviting living room opens effortlessly to the kitchen and dining areas, creating an ideal space for gathering with family and friends.
Conveniently located near shopping, dining, schools, and everyday essentials, this home offers both style and practicality in a desirable location. Whether you're searching for your first home, looking to downsize, or simply seeking a move-in-ready property, this one is sure to impress.
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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