7516 CHANCELLOR WAY
About This Property
Inside, enjoy a functional and inviting layout that seamlessly blends everyday living with entertaining, while outside offers a tranquil setting with a spacious deck, yard and a very large shed equipped with electricity-perfect for storage, hobbies, or a workshop. Ideally located next to Rollingwood Park and just moments from a commuter lot, Starbucks, and a Pentagon bus stop directly across the street, this home combines convenience with a peaceful neighborhood setting. The spacious primary suite features a large private balcony-perfect for morning coffee or unwinding in the evenings. A rare opportunity to own a truly turnkey home with extensive capital improvements already completed. This home is truly exceptional!
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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