79 Joyce Road
About This Property
The second floor offers 4 spacious bedrooms, including a primary suite with 2 private baths, plus an additional full bathroom. The finished full basement with walk-out access provides valuable additional space for recreation, storage, entertaining, or flexible use. Notable features include central air, natural gas heating, hardwood floors, a smart thermostat, custom closets, built-ins, central vacuum, and a fireplace.
Set on a fenced property with a Trex deck, patio, sprinkler system, private driveway, and attached two-car garage, this home offers a strong combination of comfort, space, and convenience. Ideally located within the Plainview–Old Bethpage Central School District, close to parks, shopping, dining, major roadways, nearby bus service, and LIRR access.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017