9915 MASSER ROAD
About This Property
The eat-in kitchen offers ample cabinetry, a cooktop, and wall oven, providing a functional layout with room to personalize. Three spacious bedrooms, each with hardwood flooring, and a full bath complete the main level. The lower level adds versatility with a full bath, laundry area, abundant storage space, and direct access to the garage. A roof replacement in 2018 provides added value and peace of mind. With its attractive setting, solid features, and opportunity to make it your own, this property is ready to shine.
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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