615 MERLINS LN
About This Property
Welcome Home! Come fall in love with this meticulously maintained home in sought after Hunters Creek. Featuring fresh paint, new finishes and brand-new carpet throughout. The ideal floor plan with two-levels perfect for gatherings or personal relaxation. Upstairs you'll find the master bedroom and master bathroom, two more spacious bedrooms and an additional full bath. Downstairs is an open canvas ready for you to make your own including a full bathroom and sun-room drenched with natural light. Step out on to your deck to privacy and get lost in a captivating book, enjoy a cup of coffee or evening drink after a long day. The stunning property and its surroundings sets the stage for various recreational activities, be it a lively game of football, soccer or lacrosse. Unlimited access to shopping, dining and local entertainment. In addition, a short distance to local parks, recreational facilities, sport courts and fields. Truly a one of a kind home for making memories of a lifetime.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017