66 RAINTREE DR
About This Property
Welcome to your new home at Raintree Drive. You'll know this is the home you've been looking for from the moment you walk onto the front porch. The first floor of the home features a large living room and dining room with beautiful hardwood flooring. The spacious family room includes a gas fireplace and opens into the kitchen. It is said the kitchen is the "heart of the home", and this one truly is. Featuring a large island, plenty of counter space, a large pantry, and a breakfast nook, you'll love this space. The kitchen includes quartz counters and newer stainless steel appliances. Directly off the kitchen is a beautiful maintenance-free vinyl deck where you can relax and enjoy the quiet backyard. Your first floor is completed with a full sie laundry room. There are 4 large bedrooms upstairs beginning with the primary bedroom., with a large walk-in closet. The main bath includes a soaking tub, a separate shower, and a double vanity. The full basement is great for storage and well insulated. Home maintenance is no issue here. The roof was replaced with 50-year dimensional shingles, and the HVAC system is only 4 years old. This home is located in a wonderful neighborhood and close to major shopping and highways. This home is move -in ready. Come and see this home and make it your own.
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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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About Camden
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$3,100 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017