8201 EVERBLOOM CT
About This Property
Step outside the dining area to discover a two-tiered deck. The upper tier is a screened-in porch, ideal for al fresco dining, while the lower tier offers ample space for outdoor grilling. The finished walk-out basement is an entertainer's dream, complete with a wet bar and pre-wiring for surround sound. The cozy wood-burning stove provides a warm ambiance on cooler evenings. This level also includes a versatile room that can serve as a den or office, as well as a large laundry and storage area along with another updated full bathroom. The fully fenced backyard features a spacious storage shed and a patio, offering plenty of space for outdoor activities. Residents of Flower Hill enjoy access to a community outdoor pool, perfect for summer relaxation along with a park, tot lots and basketball courts. This home is conveniently located near various restaurants and shopping centers.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017