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1042 Daytona Drive NE
About This Property
Sunken living room, formal dining. Terrazzo floors underneath carpet. Brand new electrical panel. Original bathrooms. Large screen patio. Corner lot with ABOVE GROUND POOL. and wooded in rear for privacy. Workshop or storage bldg. also. City water and sewer. House could use some TLC. Under $200k!
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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%.
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