7061 CATALPA ROAD
About This Property
The roof and siding have been recently replaced, ensuring the home is in excellent condition and ready for years of enjoyment. Inside, the open layout makes it easy to navigate and enjoy everyday living and the separate sunroom offers additional living space full of natural light.
Located in a community designed for active adults, residents have access to a wide range of amenities, from walking trails and a fitness center to social clubs and recreational facilities. This duplex is perfect for those seeking a low-maintenance, comfortable lifestyle in a lively and friendly neighborhood.
Call today for your private tour.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017