10506 De Paul Drive
About This Property
The property is uninhabitable AND/OR severely damaged with deteriorated paint surfaces that will not be treated by VA and which will need to be opened or removed
''Selller is Secretary of Veterans Affairs. VA will not pay for title insurance, deed stamps or survey. ***SELLER CONVEYING TITLE WITH QUIT CLAIM/NON-WARRANTY DEED ONLY. BUYER TO VERIFY WITH THEIR TITLE COMPANY THAT QCD CLOSING IS ACCEPTABLE. QUIT CLAIM DEED TRANSFER ONLY. All Offers reviewed after the 5th day.
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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 Northside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017