10995 Riverdale Rd
About This Property
Exterior offers a 2 car garage, large carport and 1325 sqft workshop. 2.5 year old state of the art septic system, tank, leach field and lift system. Please note this home is in a flood zone, however the premium on the insurance policy is nominal so do not let this deter you. Zoning A2 allows for horses, Adams County allows 4 horses/acre. NO HOA community. Seller looking for a solid offer with a strong lender and a post occupancy agreement for up to 45 days.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017