1009 Texas Avenue
About This Property
Step outside to a generously sized yard with room to enjoy outdoor living, gardening, or future improvements. The layout provides flexibility to personalize and make the space your own.
Conveniently situated within driving distance to Miami, this location offers accessibility while still enjoying a more relaxed setting. Close to local schools, shopping, and everyday essentials, making it a practical option for a primary residence or investment property.
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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