956 Whetstone Place
About This Property
This home offers 3-bedroom / 2-bathroom / 2-car garage / Split floor plan; It's large Master Suite has a walk-in-closet and a bathroom that has a double vanity with separate tub and shower. Bedrooms 2 & 3 are spacious and bedroom 3 has a walk-in closet. The home was built in 2011 and the Homeowner is offering a one-year home warranty upon closing.
This is a great opportunity to purchase your home now and move in the Summer.
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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