805 DEER CHASE RD
About This Property
Head upstairs to 3 spacious bedrooms of which 2 have walk-in closets. You can't miss the primary bedroom with 2 sides to the spacious walk-in closet. Additional recessed lights and ceiling fan. The primary bathroom has a separate tub and shower and a double vanity. There is a very spacious sitting area, reading nook for you to enjoy extra space in the primary bedroom.
The lower level has the additional Bonus room which you can use as a 5th bedroom with a walk-in closet/craft room/bonus room or however you desire. This level has a Full bath complete with shelving and an enormous rec room for entertaining just to relax and then walk out to the rear yard. A shed adds lots of extra storage. Large 2 car garage. Home has Nest Thermostats. Hot Water heater is approximately 8 years old. Enjoy this lovely community with a pool, playground and clubhouse. Location is close to major routes.
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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