7180 Four Rivers Rd
About This Property
Upstairs, past a custom stained glass window, the spacious primary bedroom features a grand vaulted ceiling, walk-in closet, another beautiful stained glass window above wide western facing windows. The en-suite bathroom offers double sinks, custom mirrors, a jetted jacuzzi tub, a separate shower, cork flooring and a lofty skylight. Down the hall you will find a two additional bedrooms and a full bath.
The finished basement has three tremendous egress windows for impressive natural light, ventilation, and safety throughout. The substantial lower level family room offers opportunities for anything imaginable. Bedrooms 4 & 5 are large with natural lighting, currently serving as home offices. A utility room and additional closets provide extra storage.
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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