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7702 Garrison Ct
About This Property
This 4 bedroom home has 3 bedrooms up and primary suite in the lower, walk-out level. BUT there is a second primary bedroom upstairs, should one wish to use the lower level as a family room with wet bar, amazing bath, great storage and walk out to yard, patio with hot tub and open space behind it.
Terrific privacy and views from deck off very open main level with several choices for seating/dining including kitchen with stainless appliances and pantry; open to family room featuring wet bar and gas log fireplace with access to side patio.
This property was custom remodeled by a previous owner and is truly unique!
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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