7194 JOHN MARSHALL HWY
About This Property
The main level consists of an updated eat in kitchen with an abundance of cabinet space, a formal dining room, a delightful Primary Suite with sliding doors leading to the oversized deck, ensuite bath with a large soaking tub , shower stall and 2 walk-in closets. Three additional bedrooms, one full bathroom, a laundry room, mud room and powder room complete the main level. There is fresh paint throughout the home and the bedrooms have new carpeting, the bathrooms, laundry room and mud room have new LVP flooring. The upper level has a huge loft that can be used as an 5th bedroom/office/rec room. If you like to entertain you are going to be excited about the oversize deck in the rear that is partially covered and overlooking a big beautiful yard. Lower level walk out unfinished basement with a wood stove has plenty of space for rooms and just waiting for your design ideas. Home Warranty included.
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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