8273 Explorador Calle
About This Property
The upper level hosts a bright family room that flows into a fabulous kitchen with white cabinets, stainless appliances, mosaic tile backsplash, granite counters, and a center island. Two bedrooms on this level offer ample closet space. The lower level adds a versatile living room, two additional bedrooms (also with ample closets), and great separation of space for guests, work, or hobbies.
Step outside to a fully fenced backyard designed for relaxation and play-complete with two gardens, a gazebo set on low-maintenance turf, an open patio, and mature shade trees. A 2-car garage completes this inviting package. This is the one you've been waiting for!
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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