873 EDEN FARM CIRCLE
About This Property
On the main level, you'll find a dedicated home office with hardwood floors, a spacious kitchen with a walkout to the backyard, and a charming center island with unique two-tone cabinetry. The family room boasts a cozy gas fireplace, while the separate dining and living rooms offer plenty of space for entertaining. A convenient mudroom/laundry room and powder room complete the main floor.
Downstairs, the full unfinished basement includes a rough-in for a bathroom and loads of potential for future finishing. Major updates include the roof in 2021, windows in 2020, and HVAC system 2022 - giving peace of mind and added value!
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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