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61A Station Road
About This Property
The property has an attached 2 car garage with a lovely spacious private backyard and good sunlight all day long.
Laundry room conveniently located on first level of the house , with a fireplace in the family room.
Ideally located, this home is close to schools, train stations, shops, restaurants, and highways. Top rated Great Neck schools.
The property has 3 heating zones basement,first floor and second floor for heat. The AC is one zone,
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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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About Great Neck
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017