7501 EVANS FORD ROAD
About This Property
Inside, the home flows comfortably with hardwood flooring throughout the main level and a spacious gourmet kitchen centered around an oversized island, upgraded cabinetry, and quality appliances including a wine refrigerator and warming drawer. The kitchen opens to a dramatic family room with vaulted ceilings, wood detailing, and a wood-burning stone fireplace. Formal living and dining rooms offer classic trim and crown molding. The finished lower level provides flexible space for a rec room, gym, office, additional rooms, and a full bath, along with dedicated laundry and storage.
Recent updates include HVAC (2024), electrical panel, hot water heater, water filtration system, basement LVP flooring, front door, gutters, and garage doors. Two EV chargers and a generator hookup are also in place, adding everyday convenience to this private setting.
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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