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1125 Skyline Boulevard
About This Property
The Seller prefers to sell 1125 Skyline Boulevard together with the adjoining parcel at 1119 Skyline Boulevard, creating an outstanding opportunity to acquire a larger combined commercial site. See MLS #226031485 for details on the adjoining property. - Not a cash buyer? No problem. Construction-to-permanent financing available for this lot. Financing subject to credit approval and program guidelines.
Ideally positioned in an area experiencing continued growth and development, this property offers excellent potential for investors, developers, and businesses seeking a well-located commercial site with strong future appeal.
Prime location. Strong visibility. Exceptional development potential.
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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 Hancock
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017