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1010 OLD BARN ROAD
About This Property
1010 Old Barn Road is a wonderful 5 BR, 2.5 BA home on 2 picturesque acres in the Hamlet Farms community of Parkton. The spacious interior features gleaming hardwood floors throughout much of the main level and a gorgeous stone fireplace which creates a warm and inviting focal point to the open family room. The Upper Level offers 2 staircases, 5 bedrooms with fresh carpet and renovated primary and secondary bathrooms. The finished Lower Level boasts loads of natural light and is finished with LVP flooring and recessed lighting - an easy set up for any entertaining or hobby needs. Enjoy the beauty of your backyard sipping lemonade on the composite deck or swimming laps in your saltwater pool!
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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