7867 WALNUT GROVE RD
About This Property
On the upper level, you have the option to relax in the front living room, prepare meals in the kitchen, or unwind in the extended rear sunroom. This sunroom boasts cathedral ceilings and skylights, creating a luminous and spacious atmosphere for dining. Proceed down a lengthy hallway where two well-sized bedrooms share a full bathroom. Additionally, another generously sized bedroom features an attached full bathroom. At the end of the hall, you'll find the extended primary bedroom with an en-suite bathroom and its private access to a deck and the rear yard.
Step outside and enjoy the backyard on your level lot, complete with an in-ground pool and an enclosed gazebo – perfect for entertaining friends and family or establishing your personal sanctuary.
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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