8345 W 78th Cir
About This Property
Upstairs, the bedrooms enjoy good natural light and a full bath, while the lower level adds flexibility with a comfortable family room, wood-burning fireplace, and an additional updated second bathroom. An extended two-car attached garage provides extra room for storage, hobbies, or gear.
Outside, the fenced backyard is designed for real use, with a deck that gets afternoon shade and sun exposure that supports gardening. Major updates include a newer roof (2019), remodeled kitchen and baths (2019), and thoughtful improvements throughout.
Located in the established Club Crest neighborhood, this home offers sidewalks, nearby parks, and easy access to shopping, dining, and commuting routes - all with no HOA. A well-cared-for home in a location that continues to hold its appeal.
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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