850 Croton Road
About This Property
Spanning 1,634 square feet of thoughtfully designed interior space, this home is characterized by an abundance of natural light enhancing the warm and welcoming ambiance that flows throughout. Boasting three spacious bedrooms and two elegantly appointed bathrooms, the layout is ideal for both relaxation and entertaining.
This home features stone countertops throughout. and vaulted ceilings. Also, you can have peace of mind by knowing that certain items are new within the last year. The Air Conditioner, and water heater have been recently replaced. There are new impact rated windows throughout the home. Fresh paint in every room, and ceiling. The home features carpeted bedroom, and tile flooring throughout the rest.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017