8028 CIPHER ROW
About This Property
Greenbriar Woods – in The Villages of Kings Contrivance. This immaculate Colonial perfectly sited at the end of the cul-de-sac offers comfortable living space and an exceptional fenced backyard. Relax on the front newly added patio, or on the back screened porch. With fresh paint, and updated windows, natural light flows in on the main level. Custom French doors separate the living and dining area. The kitchen joins a great size breakfast area with sliding doors to the porch and back yard. The upper level has 3 generous size bedrooms and joins 2 full bathrooms. The lower level is complete with a recreation room, laundry closet, and huge crawl space for storage. There is a small finished storage / hobby room. The lower level has stairs that walk-up to the large yard. Only two blocks to the elementary and middle school, minutes to shopping, restaurants, and Rts. 95 / 32 / 295, and Rt. 100.
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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