8865 W 77th Cir
About This Property
Elfa Storage Systems: Organization enthusiasts will appreciate the Elfa storage systems that have been strategically installed throughout the home. These systems maximize storage space and help keep your belongings neatly organized.
Brand New Furnace and AC: Stay comfortable year-round with the peace of mind that comes with a brand new furnace and air conditioning system. Enjoy efficient heating in the winter and refreshing cooling during the summer months.
Finished Basement: The fully finished basement offers additional living space, ideal for a home office, recreation room, home fitness and guest accommodation. The possibilities are endless.
Wrap-Around Deck: Step out onto the expansive wrap-around deck, where you can savor your morning coffee or host a barbecue with friends and family. The deck overlooks the lush backyard, creating a serene and private outdoor oasis. The backyard backs to a scenic trail, providing direct access to nature.
No HOA: Enjoy the freedom of no HOA fees or restrictions, allowing you to personalize your property to your liking.
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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