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8615 103rd Avenue
About This Property
This 3-bedroom, 2 bathroom home offers luxury craftsmanship throughout. As you enter, you'll be greeted by stunning tile floors, granite countertops, LG appliances and plenty of counter space that is perfect for food prep and entertaining.
The open floor plan offers plenty of space to entertain with a large back patio perfect for outdoor dining. The bathrooms are finished in modern designs with stone, slate and tile accents, making them the perfect place to get ready for the day or relax after a long one. Each bedroom is spacious, with ample closet space. This home offers convenience being close to I-95 and all the local attractions. With so much to offer, be sure to come see this home for yourself!
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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