696 Buschmann
About This Property
Brand new, 1760 square foot, 3 bedroom, 2 bathroom, 1 den, energy efficient home on .76 acre lot. All stainless-steel appliances, refrigerator, dishwasher, oven, microwave, garbage disposal. The enclosed laundry room sits off to the side of the kitchen. Enjoy the open floor plan with central heating, and two full baths with a double bowl vanity in the master.
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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