62 Spring Brook Road
About This Property
The main level features a large living room, dining room, kitchen, and several well-sized bedrooms, including a primary bedroom with access to a full bathroom. The lower level adds additional living space, including a second kitchen, multiple bonus rooms, and another full bathroom, providing flexibility for extended family or multi-use spaces.
Sitting on a 7,405 sq. ft. lot, the property includes a 1-car attached garage and plenty of outdoor space for recreation or landscaping.
Conveniently located in Spring Valley, the home provides easy access to schools, shopping, and major transportation routes, making it a prime choice for homeowners or investors looking to add value.
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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