703 Veterans Drive
About This Property
yard, new water heater and brand new 19'x15.5' deck!! Inside, you'll find hardwood flooring in the living room, hall and
bedrooms; tile in the bathroom; and LVP in the kitchen. The number of windows really brightens the interior of this
space and the sellers have added top-down, bottom-up blinds in the bathroom, bedrooms, and living room that will
convey. The heart of this home, no doubt being the kitchen - with what feels like miles of cabinets and granite
countertops, space to dine, built-in shelves and desk, and includes the refrigerator, oven, and dishwasher! AND, if you
were thinking storage might be an issue, make sure to consider the full-width, floored attic space - including two
windows for nat. light - and all of the potential that this space offers. Please see listing docs for Floor Plan, Features
Sheet, Seller Disclosures, Plat, Permitting, etc.
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Cap Rate Calculator
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