1 ELM RD
About This Property
Downstairs, expands your living space with room for a second Family room, Home Theater for epic movie nights, a Playroom for the kids, or your very own home gym sanctuary. Sylvan Shores delights with its exclusive amenities including water access, boat ramps, a recreational swim pier, boat docks, kayak/paddle-board racks, clubhouse, playground, and scenic park spaces along the South River, Granville Creek, and Hardestys Cove.
Located in sought-after Riva, indulge in the convenience of nearby shopping and dining such as Parole Towne Centre, Mike's Crab House to savor a beverage waterside, and conveniently pick up essentials from the local package store just moments away, with easy access to Route 50 and 97 for effortless travel.
This home is move-in ready with all new flooring, carpet, and paint, meticulously sanitized for your peace of mind. Don't miss out-schedule your SHOWING TODAY and envision your new waterfront lifestyle!
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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