10103 NEDRA DR
About This Property
Hickory Vale Estates is a very walkable neighborhood with its own walking path that goes around the neighborhood and connects with adjoining neighborhoods. Residents enjoy walking into the Village which is known for its Concerts on the Green, Katie's Cars & Coffee at the Old Brogue every Saturday and other traditions including July 4th celebration & fireworks, Halloween Spectacular and Celebration of Lights. Great Falls is also known for its wealth of hiking and horse trails throughout Great Falls Park, River Bend Park and Seneca Regional Park where one can access the Potomac River to boat, fish or kayak the falls.
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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