6123 Saddle Horse Lane
About This Property
. The breakfast nook, with several windows allows for natural light and overlooks the backyard. The kitchen has maple cabinets, quartz counter tops and breakfast bar for extra seating. A split floorplan. with the master bedroom suite having ample space for large furniture and a sitting area. The en-suite is complete with a garden tub, separate shower, his and her walk- in closets and double vanity. Split bedroom floorplan with 3 additional bedrooms that share a hall bathroom. The back yard is amazing! Covered large patio for entertaining, with a brick grill, while a basket ball court for those that like to shoot hoops!! Privacy fenced yard to keep Fido in and a sprinkler system so you wont need to drag a hose around. Roof to be replaced with acceptable offer. This is a special house and would make a spectacular 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