7984 CATHERINE AVENUE
About This Property
Step inside to find a modern, stylish interior featuring a stunning kitchen with 42" white and gray cabinets, a tile backsplash, a large center island, sparkling white quartz countertops, a beverage fridge, a pot filler, a pantry and a gas stove. Both bathrooms have been beautifully remodeled, and the home features LVP flooring throughout and French doors with built-in blinds. .Outside, you'll love the fenced backyard, extra-large driveway, and detached two-car garage equipped with a mini-split system for heating and cooling, plus new garage door openers for added convenience. Enjoy outdoor living on the updated Trex deck, and take advantage of the added storage shed. Major updates include a new roof, furnace, and tankless water heater (2023) - offering peace of mind for years to come. Perfectly located close to shopping, restaurants, and major routes, this home combines comfort, convenience, and style.
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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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About Green Haven
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017