628 Terry Road
About This Property
Step inside to discover modern updates throughout, including LVP flooring that flows seamlessly through the living spaces. The kitchen is a chef's delight, featuring sleek stainless steel appliances, elegant granite countertops, and ample cabinetry.
The home boasts high-end windows and doors. The partially finished basement offers versatile space that can be transformed into a recreational room, family room, or additional bedrooms, catering to your family's needs. The convenience of an included washer and dryer adds to the home's appeal.
With no restrictions on the expansive 1-acre lot, you have the freedom to customize your outdoor space as you wish. Whether you dream of a garden, a play area, this property is a blank canvas for your imagination.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017