6404 Welannee Boulevard
About This Property
Inside, soaring cathedral ceilings create an airy and open feel. The kitchen is a standout with granite countertops throughout, stainless steel appliances, a center island, and a breakfast bar that flows into the living area.
The bonus room is a versatile feature that can serve as a home office, playroom, media room, or gym, giving you space to customize to your needs.
The oversized primary suite includes a tray ceiling, dual walk-in closets, and an en suite bath with a soaking tub, separate shower, and dual vanities. The split-bedroom floor plan keeps the additional three bedrooms and full bath on the opposite side of the home, offering added privacy.
Other highlights include brand-new carpet in all bedrooms, a professionally cleaned interior, and a large laundry room with custom shelving. Step outside to enjoy the expansive yard, perfect for outdoor activities, entertaining, or simply relaxing in a cul-de-sac setting.
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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