84 Chief Nimham Circle
About This Property
Step inside to discover newly refinished hardwood floors that flow throughout the main living areas, creating a warm and inviting atmosphere. The spacious living room is highlighted by a charming wood-burning stove, perfect for cozy evenings and gathering with family and friends. The kitchen features stainless steel appliances, ample cabinetry, and a functional layout designed for both everyday living and entertaining. The finished lower level offers valuable additional living space, ideal for a family room, home office, gym, playroom, or guest area.
Outdoor living is a true highlight of this property. Relax on the brand new front patio and steps, or entertain guests on the expansive new deck overlooking stunning mountain views. The large tiered backyard provides plenty of space for outdoor activities, gardening, gatherings, or simply enjoying the peaceful setting. As an added bonus, residents enjoy access to beautiful Lake Nimham, where you can spend your days boating, fishing, kayaking, or taking in everything lake living has to offer.
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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