7127 Reed Cir
About This Property
Open living area with timeless appeal, hardwood floors (under carpet too ) large eat in kitchen, newer stainless steel appliances. Three bedrooms and bath up. Updated primary down with full bathroom and living space. Laundry room has ample space. Full home humidifier. Upstairs added living-room sunroom, with sliding doors.
Spacious cozy yard with low maintenance TURF, THREE big sheds, double wide gate, extended driveway, gas line for grilling, extra storage area in garage for a wood-shop, workshop or hang out spot.
Perfect blend of of comfort and outdoor versatility.
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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