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6482 Bamboo Avenue
About This Property
Attractive and welcoming home with open floor plan, screened porch and 2-car garage in quiet neighborhood. Many windows make this home light and bright. Breakfast bar and recessed lighting in fully equipped kitchen; Wood cabinets and Frigidaire stainless steel appliances. Nicely tiled inside as well as at screened front entrance and front sitting area. Second & third bedrooms are carpeted. Laundry room features washer and dryer. Many ceiling fans, windows have mini blinds and verticals at sliding glass doors. Hurricane shutters throughout. The back yard has a fenced garden area as well as a shed for storage. This home and yard will not disappoint!
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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