9101 SHOTGUN COURT
About This Property
Not your typical Split!!!! Enter into a Breezeway/Foyer between the front Covered Entry, Garage, and rear Patio. Upstairs,, a Huge Living Room open to the Dining Room and Kitchen. The Kitchen/Breakfast Room Addition was added 4 years ago - walls removed/opened up, new cabinets, new SS Appliances, New Granite. The Kitchen was doubled in size, and a new Breakfast Area added! Very Private Deck off Kitchen/Breakfast Area. Three generous Bedrooms upstairs, Two spacious Bedrooms downstairs. The Rec Room/Great Room downstairs has a gas Fireplace, plus is big enough for at least 3 or 4 simultaneous activities. Large Laundry Room and Storage Room
Seller prefers a rent-back.
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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