1114 Kidd Lane
About This Property
4 bedroom 2.5 bathroom. Located on the East side of Moore Haven, this oversized lot is ready to be called home. Washer dryer room has half a bathroom. On septic and well with a good metal roof. Call to schedule your showing. Seller Financing available as follows: Down Payment is 10% with an interest rate of 8-10% for 15 years with Buyer paying closing costs or make cash offer. Conventional financing will be limited due to the condition of the home.
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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