87 KINGS FERRY Way
About This Property
1. Completely renovated kitchens and baths -- including Travertine in baths, repainting of interior and exterior, refinishing hardwood floors, new electrical, new interior doors and hardware, replumbed entire house.
custom glass workHurricane proof fiberglass windows in entire house
2. HVAC system
3. Water Heater
4. Light fixtures and additional recessed lighting
5. Refrigerator
6. Washer/Dryer
7. Dishwasher
8. Ceiling fans
9. Converted entry way area from one to two doors, and one-window to two windows, right and left front entry.
10. Removed wall in 3 BR to provide option for den.
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Cap Rate Calculator
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