7451 MULE TEAM Drive
About This Property
Cardinal Mortgage has quoted rate
Original Owner of Beautiful Modified Semi-Custom plan from Cullers Homes on elevated view lot.
Large back yard with swimming pool and spa. Separate fire pit area. Large covered patio and yard space for play or entertainment. Exceptional Views of the Franklin and Organ Mountains and the Upper Valley.
Semi-Custom Floor Plan modified by Cullers and Owners. Garage has extra storage area. Water Softener is owned.
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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