988 Chestnut Ridge Road
About This Property
featuring eat-in kitchen with walk-in pantry, 2 sinks, and granite countertops, second kitchen with double sink. Housd was designed for comfortable living with hardwood floors, master bedroom and bathroom,
entertainment deck with new awning, on demand water heater, double garage and gym,
situated on beautifully manicured backyard.
Great central location.
ZONED AS A 2 FAMILY PROPERTY!
Fabulous Home! Additional Information: Amenities:Guest Quarters,ParkingFeatures:2 Car Attached,
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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