7032 CANYON DR
About This Property
Great opportunity with this well-maintained split level freshly painted home and new windows.
A/C unit is only 1 year old! Open and spacious living area with separate dining room - space for table in kitchen. Home features three nice, comfy bedrooms and 2 full bathrooms with double storage in the master bedroom. Hardwood floors, granite, brick wall adds character to lower level including days of relaxing entertainment in a spacious fenced back yard. Ample storage located in the basement. 2 wall mounted TVs and a 1- year home warranty included!
Close to public transportation and nearby interstate routes!
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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