7951 PIPERS PATH
About This Property
Enjoy outdoor living on the large deck overlooking the expansive fenced-in yard-ideal for entertaining, gardening, or play. A patio off the fully finished basement offers additional space to relax, along with a rec room, a bathroom, and a private bedroom-perfect for guests or extended family.
Additional highlights include an oversized one-car garage with epoxy floor and work bench, a handy storage shed, and a prime location near major highways, shopping, restaurants, and the local hospital. This home is move-in ready and packed with potential-don't miss your chance to make it yours!
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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