6283 181st Terrace
About This Property
ALL MARBLE & 12'+ 4 TRAY CEILINGS. STUDY, OFFICE, FORMAL DINING RM & LIVING RM. FAMILY ROOM OFF ISLAND KITCHEN WITH GRANIT COUNTERS,WOOD CABINETS, SNACK BAR & BREAKFAST AREA. LAUNDRY ROOM.MASTER BEDROOM WITH 14X7 WALK-IN-CLOSET, MASTER BATH HAS JACUZZI TUB, LARGE SHOWER WITH BODY SPRAYER & RAIN SHOWER. 26X41 FOUR CAR GARAGE HAS 9'DRS 2ND FLOOR IS CONCRETE WITH MEDIA/GAME RM,4TH BED RM & FULL BATH, LOFT.SETS OF GLASS DRS FROM ROOMS GO TO 14X14 ROOFED BALCONY. ENTIRE 2ND FL COULD BE A HUGH GUEST SUITE. STORM WINDOWS & EXTERIOR DOORS. 14X35 & 24X30 ROOFED PATIO WITH FAN OUTLETS & RECESSED LIGHTING,POOL READY.
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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