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6187 PHEASANT ROAD
About This Property
This charming home will appeal to the nature lover & bird watcher it's located on over 1/3 acre giving you privacy to enjoy & relax in the solar heated swimming pool off the enclosed Sun Room with mini split A/C, many fruit trees & room for your personal vegetable garden.
This two bedroom/two bath home, has tile throughout, All windows and doors are PGT WINGARD IMPACT, A/C installed 2020, Sun Room Addition 2012, built in bookshelves in Living/dining area. Detached (2) one car garages, Outdoor shower, Washer & Dryer is in the garage, Roof has tied downs and gable ends are braced. This Quiet neighborhood is ideally located close to I 75, Shopping, golf courses & restaurants, it's also on Public Water & Sewer, No HOA, No Deed Restrictions. Your piece of paradise awaits!
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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%.
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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