1011 DULANEY LANE
About This Property
Adjacent lot that is an approx 0.47 acre waterfront parcel with public sewer can be purchased separately for $400,000 or can be combined with 1011 Dulaney for $2,950.000. Engineering has not been done but the lot could be a fabulous accessory dwelling unit (ADU) for this property or an opportunity to maintain the privacy you already have. More details available upon request.
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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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About Annapolis Neck
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017