118 FRONTIER DRIVE
About This Property
This beautifully updated manufactured home offers comfort, functionality, and rural charm on a private lot. Two versatile outbuildings with 110/220 power and water access are ideal for workshop or storage. A private well with filtration. Enjoy young fruit trees and abundant kitchen storage. Inside, custom pine doors add warmth, and the kitchen features a stainless glass-top stove and French door fridge with bottom freezer and ice maker. A security system adds peace of mind. Perfect for homesteaders, hobbyists, or anyone seeking space and self-reliance.
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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