9531 KINGS GRANT RD
About This Property
New Roof 2022
All Bathrooms upgraded in 2022
Basement fully finished in 2019
Partial window changed in 2022 and 2013
Hvac units changed in 2014 (outside unit) and 2007 furnace
Water heater replaced in 2007
New carpet and flooring in 2014
Deck fully upgraded in 2016
New kitchen appliances in 2018
Fully gourmet kitchen upgrades in 2010
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017