7309 LOISDALE RD
About This Property
As you step inside, you'll immediately notice the fresh paint and new flooring that flows seamlessly throughout the entire home, creating a welcoming and contemporary ambiance. The new carpet adds warmth and comfort to the three spacious bedrooms, providing a cozy retreat for relaxation.
The heart of the home is the recently renovated kitchen, boasting new baseboards, which seamlessly blend with the dining and living areas. This space is perfect for both casual family meals and entertaining guests.
Upgrades abound in this home, including a brand new roof installed in 2024 for both the house and shed, ensuring years of worry-free living. The new AC unit, installed in 2020, offers efficient climate control for added comfort year-round.
The master bathroom has been tastefully updated with a new vanity top and a refreshes bathtub, adding a touch of luxury to your daily routine.
Outside, you'll appreciate the expansive lot, providing ample space for outdoor activities and potential expansion. The new hardware on all exterior doors adds both security and style to the home.
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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