664 ALEIDA Drive
About This Property
The spacious kitchen boasts granite countertops, stainless steel appliances, and plenty of storage, making meal prep a breeze. Tile flooring extends through the kitchen and most areas of the home, while the office, living room, and dining room feature luxury vinyl plank flooring.
The large primary suite includes a walk-in closet and an ensuite bathroom with double sinks. The home is wheelchair accessible, making it suitable for all lifestyles.
Recent updates include new windows (2023), a whole-house re-plumb, and a new sunroom floor (2024). Additional features include an automatic screened garage, a whole-house generator, and an A/C system equipped with an ultraviolet air purification system. Enjoy outdoor living space with a 4 season room and the private wood-fenced yard with lattice, perfect for keeping small dogs safe. Situated on a greenbelt, this home offers privacy and beautiful natural views.
The laundry room is equipped with ample cabinet space, and the home comes with plenty of modern conveniences to make daily living easy.
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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