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7814 ELBA ROAD
About This Property
The main level also includes three bedrooms and two full bathrooms, including a full hall bath with a tub/shower combo. The primary suite boasts a fully renovated en-suite bathroom with a large frameless glass walk-in shower, dual vanity with quartz countertops, porcelain tile, and a walk-in closet with built-ins.
The large finished lower level offers new LVP flooring, a fourth bedroom, and a third full bathroom, with a walkout to the flat, expansive backyard, ideal for relaxing or entertaining. A large two-car garage completes this move-in-ready home.
Don't miss this rare combination of thoughtful renovation, functional layout, and a peaceful cul-de-sac setting.
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017