9 SPLIT RAIL RD
About This Property
Upstairs, a loft area provides a perfect view of the living space below, and there's an additional bedroom and bathroom for extra comfort. The finished basement offers a great retreat with a living room area, wet bar, full bathroom, and ample storage. Step outside to relax on the paver patio, complete with a fire pit, and enjoy the reassurance of the fenced yard. The home also features a paver driveway for added curb appeal. Conveniently located near Rt. 13 and Rt. 1, it offers easy commuter access. Don't miss your chance to own this incredible property!
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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