9009 Buckhead Lane
About This Property
home sits on a large open cul-de-sac lot with no HOA and is USDA eligible.
Inside, you'll find a practical layout with all bedrooms on the main floor, newer
flooring and paint throughout, a 2-car garage, and a screened-in back porch that extends the living space outdoors and offers a great spot to relax or entertain. Upstairs, the unfinished walk-in attic is already rough plumbed and provides valuable potential for a future bonus room, additional living area, or substantial storage. A water softener is already in place. Conveniently located near major highways and Buckhorn Reservoir, this home offers the space, function, and long-term potential you are looking for.
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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