853 E Apollo Ct
About This Property
The kitchen and baths feature matching granite countertops and custom cabinetry, along with a pantry, kitchen island, and a well-equipped laundry room complete with folding table and built-in cabinets. The primary suite includes a tray vaulted ceiling, custom closet system in the walk-in closet, double vanity, private toilet room, and a walk-in tile shower with glass doors. Secondary bedrooms feature tray vaulted ceilings, and the main level common bath includes a double vanity.
Additional highlights include a large storage area under the stairs, extensive attic storage above the oversized 3-car garage, and a storm shelter located within the garage. The home also includes a security system for added convenience.
Exterior features include professional landscaping, an in-ground sprinkler system, permanent outdoor lighting, a covered front porch, and a covered back patio with ceiling fan.
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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