8722 INDIAN SPRINGS RD
About This Property
Featuring 4 bedrooms and 2 full baths, this home boasts a cozy kitchen, wood laminate flooring, carpet in the primary bedroom, and a finished walk-out lower level. Enjoy the warmth of two fireplaces, built-in bookcases, and the charm of living on a spacious 2/3-acre lot.
Major updates, including the roof, HVAC, and water heater, have been completed within the past 3-4 years, giving you peace of mind. Step outside to a generous deck and a lower-level patio, surrounded by mature trees and lush landscaping that provide added privacy.
Best of all, this property comes with no city taxes-and all the furniture conveys! Don't miss your chance to call this delightful home your own!
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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