6161 HARDY DRIVE
About This Property
The kitchen features gas cooking, and opens directly to the rear deck, making it easy to host outdoor gatherings or enjoy casual meals outside. The walk-out lower level is ideal for entertaining, with a large recreation area, a full bath, and direct access to the two-car garage.
Located just a short distance from Highlands Swim Club, Linway Terrace Park, and Chesterbrook Shopping Center with Safeway and Starbucks. Commuters will appreciate the prime location with quick access to the GW Parkway, and I-495.
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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