10295 ABBOTT RD
About This Property
Investors and cash buyers, don't miss out on this opportunity to own a home in a great quiet neighborhood on a nice flat .28 acre lot. This home has an open concept, spacious kitchen, 3 beds, 2 full baths, a covered front porch and a rear deck! Home is being sold as-is, cash sale, QUICK close with rent back. New Heat Pump 2021 and new toilets (2). Make this home your own!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017