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7541 S Harrison Way
About This Property
Upon entering you are greeted with vaulted ceilings and large, bright windows. The front room can be used as a formal living room, sitting room or home office area. The family room is cozy with views of the backyard and open space. The back, covered patio is a private retreat with mature trees, bushes and flowers, creating an inviting space to relax anytime. The eat-in kitchen also opens to the back patio for beautiful views with a cup of coffee. The dining room's bay windows bring in tons of lights and the french doors lead to another private patio area for entertaining. As you head upstairs, a loft is located to the right which can be used as an office or playroom. The spacious bedrooms share a full, updated bathroom. The primary bedroom has vaulted ceilings and french doors to a private balcony overlooking the beautiful open space; a perfect retreat to relax and read a book. The primary bathroom has a soaking tub, double vanity and large walk-in closet. The finished basement offers more living space, including a media room, an office and large storage area.
Please contact Jenny Riggs at for any questions.
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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