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9977 164th Drive
About This Property
The open floor concept creates a natural flow between the kitchen, dining and living areas, perfect for everyday living and entertaining. Stunning kitchen with granite island. Beautiful tiled flooring throughout. Full bath for added convenience. Stackable Washer/Dryer. Utility room with on-demand heat and hot water.
Upstairs you will find three spacious bedrooms and two full baths, including the primary bedroom with its own en-suite bath. Gorgeous wood floors run throughout, adding warmth and character to every room.
Ductless mini-split air conditioning keeps the home comfortable and efficient during the summer months.
Step outside to your beautiful wood deck, an ideal space for entertaining, relaxing and making memories. With detached garage and low maintenance living, this home delivers modern convenience without the costly overhead.
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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