112 CONCOVE WAY
About This Property
Taking a short flight of stairs from the front door takes you to the large finished basement with a carpeted recreation room, a separate carpeted family room, and a room that could serve as a fourth bedroom or be made into an office or hobby room. There is also a third full bath down here with a walk in shower, as well as a laundry room with plenty of room for storage and access to mechanicals. A walk out from the basement leads you out into the private rear yard. This house has everything for a family and is move in ready and waiting for you!
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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 Havre de Grace
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$1,200 /mo
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$2,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017