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8000 EXODUS DRIVE
About This Property
Exceptionally rare English Tudor design with open, split level interior layout set on top of over 3 acres surrounded by mature trees. Private backyard pool with concrete surround and nearly 800sqft deck. Large fenced area of the yard and yet acres of open space. Decadent primary suite gets its own level all to itself with large sitting room, walk-in closet, and gorgeous bath. This is a truly unique property, you simply do not want to miss.
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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 Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017