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716 LOCUST Street
About This Property
Welcome to the Stutz Model by Flight Homes - where modern style meets everyday comfort with this BRAND NEW 3-bedroom, 2.5-bathroom home. Step inside this beautifully designed home, where a spacious living area seamlessly flows into a modern kitchen featuring brand-new stainless steel appliances, quartz countertops, and an open view of the inviting dining space and sliding glass door with a view of your backyard. Upstairs, all bedrooms are thoughtfully positioned for privacy. With its stylish updates and functional layout, this home is perfect for comfortable living and entertaining! Additional highlights include a dedicated laundry space, a single-car garage, and a builder's warranty for added assurance. This home is ready for its first owner! Schedule your showing today!
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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