891 School Drive
About This Property
Welcome to this stunning wide-line 3-bedroom home located in a lovely residential neighborhood, just blocks from an amazing shopping center, an elementary school, and convenient access to the Southern State Parkway.
This home features a beautiful updated, eat-in kitchen, dining room, and a spacious living room. Don't forget about the large family room with full bathroom -perfect for entertaining or relaxing with loved ones OR a fourth bedroom with beautiful views of the fenced backyard.
The fully finished basement offers higher ceilings, a bathroom, and an outside entrance, providing plenty of extra living space or guest accommodations. After a long day, unwind in your private sauna for the ultimate in-home retreat.
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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