8450 Garfield Way
About This Property
The open-concept living area invites you with a stylish kitchen featuring brand-new appliances, quartz countertops, and custom cabinetry. Natural light fills the space through new windows, creating a warm, inviting atmosphere.
The master bedroom offers comfort and luxury, while the two additional bedrooms provide versatility. The two sparkling new bathrooms feature modern fixtures and elegant finishes.
Let's talk about the stand-out features: a new roof ensures long-term peace of mind, a brand new central AC unit keeps the home comfortably cool, and a new water heater provides reliable warmth. The furnace, just a year old, ensures cozy comfort. The new floors add a touch of modern feel underfoot.
This isn't just a home; it's a showcase of thoughtful updates and modern features. From top to bottom, this 1,080 Sq ft. 3-bedroom, 2-bathroom manufactured home is a celebration of comfort and style. Welcome to a home designed with you in mind!
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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