70 Nott Road
About This Property
**SELLER OFFERING $10,000 in BUYER'S CLOSING COSTS!**
Absolutely amazing large contemporary home near the Edison Golf Club! Extra long driveway, welcoming entry, formal dining, a gourmet kitchen you will love to cook in, den/office, 4 bedrooms and 3 full bathrooms in main home. Also features a mother-in-law style unit in basement with its own private entrance, 2 additional finished rooms, family/living room, another full bathroom and a full working kitchen! Park your vehicles and your stuff in the 3 car garage. Also enjoy the hot tub in the 3 season room. Front and rear porches. Almost 2 acre lot. Secluded, plenty of peace and quiet, room to play.
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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