11285 Tuttlehill Road
About This Property
Welcome to your new home on over 2 acres in London Township! The first floor features a primary suite, laundry, half bath, and plenty of living space: the huge front living room is great for a large sectional, while the back family room flows seamlessly into kitchen and dining for a cozy open concept vibe. Upstairs find two large bedrooms that share another full bath. Updates include a brand new roof (2025) and HVAC (2024). The backyard is treed and vast and offers lots of room to play, and a three car detached garage provides plenty of storage or workshop space.
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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