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9801 SE 117 Trail
About This Property
This beautifully maintained home features vaulted ceilings, modern kitchen with granite countertops, soft-close drawers, brand new stainless-steel gas appliances-including a stove with a built- in air fryer. Smart home upgrades including Alexa-controlled thermostat and lighting. The carpeted garage has its own A/C split unit-perfect for a gym or bonus room. Enjoy the screened in back porch, fenced side yard, reverse osmosis water system, and tankless water heater. Location is perfect for East Coast commuters. Low monthly utility costs thanks to gas appliances. Quiet and quaint neighborhood. Don't miss this move-in ready gem.
Measurement's are approximate.
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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