669 N 16th Way
About This Property
Beautiful Hardwood flooring. Granite countertops in kitchen, and restroom sinks. All four bedrooms are located on the second floor. Laundry room on the second floor. The home has energy-efficient windows. 4-car garage with high ceilings, great for extra storage or to install a car lift to work on your cars or toys. Quiet garage door openers. Front yard and back yard landscaping with beautiful trees, Sprinkler system in front and back yard. Front porch and deck in the backyard. fully fenced for privacy. Double doors going out to back yard. Installed security cameras system (owned). House water softener, Built in-home humidifier. Gas stove and electrical plugs are available. Appliances: stove, refrigerator, dishwasher, microwave (stainless)Sink disposal, washer/dryer. Dual Vanities in the principal bath and the principal bedroom have a large walk-in closet, not to mention the stunning Mountain views. Shed room with concrete floor. RV parking is allowed on right and left sides of the house. Close proximity to schools, parks, recreating center trails and quick access to Highways 85 & 76. Call to schedule your private showing today.
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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