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805 Brush Lane
About This Property
Sweeping views of the serene lake accentuate the gorgeous features of this home. Indoor details could be described as rustic with a distinctly modern twist-wood plank ceilings, rugged stonework, raw edge trims, and woodsy fixtures all come together to create an atmosphere of laid-back comfort. The great room steals the show, with soaring ceilings that open up to a loft area and grand kitchen, and the patio area beckons you outdoors with its large living area, hot tub, and stunning lake views. Outside, a detached garage offers plenty of storage, and the fenced-in yard provides safety for kids and pets.
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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