1 MINDEN AVE
About This Property
The kitchen features sleek stainless steel appliances and stylish plank flooring, offering both functionality and modern appeal. You'll find ample cabinet space and counter room to make cooking a joy. The two generously sized bedrooms provide plenty of comfort and privacy.
Double doors lead you to a lovely patio, ideal for outdoor enjoyment. The attached one-car garage includes an automatic door opener and additional storage space, plus there's an outbuilding for your tools or extra storage.
Located just minutes from Downtown Crisfield, Somers Cove Marina, and the Commercial Boat Harbor, you'll have easy access to all the charm and conveniences of this waterside town. This well-maintained home is priced to sell -schedule your showing today!
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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