7550 Brookmill Road
About This Property
The guest house is fully remodeled! 1 bedroom, living, bathroom, and white kitchen fully remolded with granite tops counters. All floors are remodeled with waterproof laminated flooring. Guest house updated with new paint inside and out.
2 Car Garage with extra storage area, fully painted inside and out. Which is attached to the home.
The backyard has a Beautiful 12 ft deep pool! With diving board! The pool has been updated with LED lighting and updated plumbing, new water pump. The landscaping flooring has been updated and painted. And has a large space in the back yard aside from the pool.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2019 | Sold | ||
| Sold | |||
| Mar 1, 2019 | Listed by Keller Williams Realty Downey | $1,199,000 | |
| Listed by Keller Williams Realty Downey | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017