9496 BANKHEAD DR
About This Property
As you step inside, be prepared to be captivated by the elegant design and architectural finesse. Gleaming hardwood floors pave the way for a unique architecture featuring high ceilings.
Notable updates include a brand-new roof installed in 2023, HVAC system upgraded in 2022, and a complete kitchen transformation. The kitchen now boasts all-new appliances, waterproof wood floors that combine both style and practicality, fresh countertops, and a meticulously crafted custom tile backsplash.
The owner's suite has also received a makeover, with a remodeled bathroom showcasing a glass-enclosed shower complete with dual shower heads, a sleek new vanity adorned with granite, and a sense of luxury that beckons relaxation.
Conveniently located in close proximity to shopping, dining establishments, and major commuter routes, this residence offers unparalleled accessibility while maintaining an aura of exclusivity. The evident pride of ownership shines through, making this home a turnkey gem. Simply move in and relish the lifestyle it has to offer!
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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