7069 CATALPA RD
About This Property
2 bedrooms and 2 full baths. The primary bedroom has a walk-in closet and the primary bath has a walk-in tub and a shower. This home has a large open living room with a dining area that has recently installed hardwood floors. The kitchen is large with a breakfast nook with extra space and a newer refrigerator and dishwasher. Enjoy your time relaxing in the large sunroom. The home has a separate laundry room and a
1-car garage. Driveway, garage and street parking. The garage has extra storage space. There is also storage in the attic and an outside space with a storage closet. Community offers, clubhouse, pool & more.
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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