9264 Pitkin St
About This Property
Built in 2018, this adorable ranch has been lovingly maintained by the who have worked hard to pass it on with pride to its new owners. The upstairs features an open floor plan, 3 bedrooms and 2 baths, an office or den, and main level laundry. The sellers have fully furnished and tricked out the basement, which now features 2 bedrooms, 3/4 bath, a bonus room for a gym or second office, and a spacious family room. Even the systems are top of the line-a new HVAC with steam humidifier and ionizer, 3-stage polarizing water conditioner/filter, a Rinnai tankless water heater, and a radon mitigation system, this home is set up to keep all of it's inhabitants incredibly comfortable and very healthy! Watch the sunset over the mountains with a glass of wine, gather around the fire pit, or host friends and family for dinner in your open gourmet kitchen, this house is ready to call yours today!
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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