1037 Grove Park Circle
About This Property
kitchen has lots of cabinets and nice granite counter,A/C and water heater are original, all in good working condition, SOLD AS IS with right to inspection,
Information is deemed reliable but not guarantied ,Prop cannot rent until 2 years after purchased and yes there is a capital contribution of $1500.00 made payable to Palmyra at closing by buyer
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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%.
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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 Nautica Sound
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017