80 Fox Briar Drive
About This Property
The home features a spacious living room with gas log fireplace, creating a comfortable gathering space. Some newer laminate flooring adds easy care, while the separate dining room offers flexibility for everyday use or special occasions. The kitchen is generously sized with ample room for customization, and a large laundry room with sink adds convenience and extra workspace.
Just off the dining room, a covered back porch provides a relaxing outdoor space, complete with a ramp for easy access. This area overlooks the fenced portion of the yard and is an ideal spot to enjoy the natural surroundings, including the sights and sounds of the nearby stream and mature trees.
A two-car garage provides additional storage and parking. While the home has been thoughtfully cared for over the years, it presents an excellent opportunity for updates and personalization to match your vision. With its combination of space, natural surroundings, and potential, this property is ready for its next chapter.
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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