821 Overbrook Drive
About This Property
This split floor plan home makes for ample privacy with the master tucked off the kitchen and the two additional bedrooms off of the livining room. The master bedroom is spacious and features wood flooring and great nautural light. In the master bath - a completely renovated space - a HUGE tiled and glass enclosed walk-in shower with multiple shower heads. There are two seperate vanities with good storage, new faucets, lighting and a oversized walk-in closet with built-in shelving. You will absolutely love this master bath ensuite!
The entire home has been recently painted, the tile wood flooring was installed in 2017, a new roof was also added in 2017. All new light fixtures throughout. In 2019 a new HVAC was installed. The washer and dryer convey too.
On the exterior - the pool was updated with a wonderful paver patio, new pool ladder, hot tub and outdoor shower.
**Florida Room sq footage has been added to the total square footage - it is heated and cooled
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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