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958 Alan Drive
About This Property
Upstairs, the spacious primary suite offers a tremendous walk-in closet leading to a second oversized closet with potential for a future primary bath expansion, along with two additional generously sized bedrooms and a full bath. The finished basement with an additional bath provides versatile extra living space perfect for recreation, guests, or a home office. Step outside to enjoy the beautiful deck and gazebo, both included with the property, creating the perfect backyard retreat for relaxing or entertaining. A true move-in-ready gem in one of Wantagh's most sought-after neighborhoods!
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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