940 Vineland Road
About This Property
Fall in love with this charming 2-bedroom, 1-bath bungalow featuring an updated kitchen and bathroom, plus a breezeway leading to the attached garage. The partially finished basement adds extra living space-ideal for a family room, home office, or hobby area. Step outside to your own backyard retreat: a fenced yard with a gorgeous magnolia tree, deck, pergola, raised garden beds, and even your own personal greenhouse for year-round gardening. With newer furnace, A/C, hot water tank, roof, and windows (all within the last 5 years), this home blends comfort, character, and peace of mind-move right in and enjoy!
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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