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7770 INVERMERE Boulevard N
About This Property
The versatile front room can serve as a dining room, office, or flex space to fit your lifestyle. Interior finishes include laminate flooring in the family and dining rooms, ceramic tile in the kitchen and guest bath, and cozy carpet in the bedrooms. The owner's suite boasts a walk-in closet, plus an en-suite bath with a garden tub and an updated shower.
Additional highlights - two-car garage, a comfortable layout, and a convenient location near schools, shopping, dining, and major highways. This well-maintained home is move-in ready and waiting for its new owner.
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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