9064 TARPLEYS CIR
About This Property
Located in the quiet neighborhood of Kenwood Park, with nearby shopping, dining and main highways. This corner lot features 4 bedrooms and 3 1/2 baths. Main Level features the living room and sitting room, with potential to convert to a formal living and dining room. Off of the sitting room is the open concept kitchen and dining area. Walk out to your above ground deck and enjoy your morning coffee or tea, overlooking the spacious back yard and foliage. Upstairs level includes the primary bedroom with en-suite bath, 2 additional bedrooms, a sitting area, 2nd full bath and second floor laundry. Lower level features a spacious family room, 4th bedroom and 3rd full bath. From here you can walk out to your patio and even take a short stroll along the walking path behind the 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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017