9042 ALBAUGH RD
About This Property
Views surrounded with farms of agriculture preservation! It boast 7 bedrooms 5 full bathrooms with a lot of sunlight inside the house! The master bedroom and master bathroom are located on the main level. There is another room at the entrance of the home that can be used as an office or bedroom and it has a full bathroom attached with 2 exits. The kitchen, sunroom, laundry room, living room, dining room are located on the main level. Two bedrooms on the upper floor with a full bathroom. The addition on top of the garage has a bedroom with a full bathroom and a small kitchenette and is detached from the house. Two bedrooms in the basement with a full bathroom and a nice living room area! 2 car garage, driveway for 6 cars, front porch, deck, dog metal fence, chicken coop, gazebo, backyard with fruit trees ( Apples, pears, peaches, raspberry, strawberry, blackberry, elderberry, mulberry and asparagus.), beautiful flowers around the house! The HVAC systems and both water heaters were replaced in September 2018, new water softener in May 2019, new well pump in August 2017. What I love about this home is the quietness, peace, the amazing views, the cathedral ceilings in the living room and foyer, the open floor concept and a lot of parking. This home has a lot of living and entertaining space!
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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