9063 ANDROMEDA DR
About This Property
This is a fully renovated split-level home in the sought after Rolling Valley neighborhood. There is a total of 4 bedrooms and two bathrooms. All of which have been entirely updated. The Kitchen is brand new and perfect for someone who loves to cook, with SS appliances and beautiful countertops. Entire home has been painted in a neutral palette. The hardware provides the home with some modern accents. All the doors, windows and flooring are brand new. This is a charming home that is a must see!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017