7630 Rhoads Road
About This Property
Every detail has received a modern refresh with new wood floors, carpet, cabinets, countertops, trim, and hardware. The bathrooms have been luxuriously upgraded, featuring frameless glass shower doors, new tile shower in the master, plus a new tub and tile surround in the second bath. Fresh interior and exterior paint combined with updated plumbing and light fixtures ensure worry-free living.
Outside, the large lot is enhanced by a new 6-foot treated cedar fence with metal posts, offering privacy, while a new concrete sidewalk welcomes you home. Whether you're relaxing by the fireplace, entertaining in the fully updated kitchen, or planning your dream shop out back, this home delivers the perfect balance of comfort, style, and space.
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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