32
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8373 Stacy Dr
About This Property
***Updates/Features 2023 (All Permitted & Inspected): New plumbing, new wiring and replaced main panel, new windows throughout home, new sliding glass door, basement has 100% new framing and R19 insulation (new insulation on ceiling in basement main room), new drywall in basement and kitchen, 2 egress windows cut in and added in basement (approved by engineer), new concrete in driveway, front porch, garage floor, back patio, sidewalk around house, new furnace, all new interior and exterior doors, entire kitchen remodel, refinished hardwood floors, all new appliances (refrigerator, stove, dishwasher, microwave, disposal, laundry sink), bathroom remodel (both), new fence, new garage door and opener, new carpet in basement, added canned lighting throughout house, Google Nest Thermostat, new interior and exterior paint, 5 year Roof Certification.
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Cap Rate Calculator
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