11226 SILVER KEY
About This Property
Short Sale, but only one lender. Very nice community with play ground. One of the largest homes in the neighborhood. Not building any more this size.Private back yard. Home has termite bond and also has pest control. Gas fireplace NEVER USED. New AC condenser installed 8/2013. Seller's Property Disclosure and HOA Addendum in Documents.
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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%.
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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