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9208 FLOWER AVENUE
About This Property
One of the highlights of this home is the screened porch, the kitchen is a chef's dream, boasting brand new stainless steel appliances, cabinets, and quartz countertops. From the kitchen, you'll have a lovely view of the expansive backyard, patio, and inviting pool.
Conveniently located on the main floor, the primary bedroom offers both comfort and privacy. Upstairs, you'll find two more bedrooms and a fully renovated bathroom with an oversized shower. The basement has another bedroom and a full bathroom, with a rear entrance for added convenience.
Throughout the house, you'll find hardwood and vinyl flooring, upgraded HVAC System, as well as crown moldings, adding a touch of elegance. The brand new windows allow natural light to flood in, while recessed lighting illuminates most of the house.
Last but not least, this home is situated in a fantastic location that you simply must see for yourself. Don't miss out on the opportunity to make this beautiful cape-style home your own!
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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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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017