Own for the same price as renting. Completely Remodeled 760Sqft 2
Bedroom Condo in 8 unit association, less than 1 mile from 395. New
Kitchen with Hardwood Cabinets, Glass-Top Stove, Over-mounted
Microwave, New Bath, All Hardwood & Tile, Brick Exterior, Deck,
Individual Basement Laundry & Storage Room, Individual Garage with
New Doors, Newly paved parking area, professional landscaping and
more. Great value!
Unit Size
760 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$171
Property Type
Condo
Property Taxes
$8,333
HOA Dues
$99
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
Appliances: Range, Microwave, Gas Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile
Laundry Features: In Basement, Washer Hookup
Rooms: 4
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Assigned
Garage Spaces: 1
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Vecchia Gardens
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Brick
Patio and Porch Features: Porch, Deck
Lead Paint: Unknown
Lot Size Area: 0.34
Lot Size Units: Acres
Lot Size Acres: 0.34
Zoning: MF
Parcel Number: 1747353
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 24
Tax Assessed Value: $99,999
Tax Annual Amount: $99,999
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Community Features: Public Transportation, Shopping, Park, Laundromat
12 Vecchia
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