116 10TH ST
About This Property
Inside, enjoy the comfort of one-level living. This home is situated in a golf cart friendly community, making it easy to explore the riverside town. Immerse yourself in the quintessential beach vibe of this town, where you can effortlessly cruise to nearby restaurants, shops, and the stunning shoreline beach all on your golf cart.
Sale includes lots 57,58,59,60 and 61. Ramp in rear for access. Back on the market at no fault to the seller, don't miss the chance to make this house your 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017