7 Kitchawan Road
About This Property
All the updates are under three years old: driveway, roof, windows, siding, plumbing, electrical, A/C, heating, tankless water heater, dryer, washer, appliances, floors, bathrooms and much more! Additional benefits include: 15K Watt generator, 200 amp electrical and new shed. Embrace your community lake rights where you can swim, boat, fish, canoe or simply walk & relax on one of the four beaches with lifeguards on summer duty! Nearby local shopping, restaurants, fitness clubs, reservoirs, lakes, biking and walking trails. Star rebate of $1,147 if applicable. Come 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017