1209 Burr Street
About This Property
Cute home in the City of Jackson. Walking distance to Loomis Park. 3 bedroom 1 bath home with lots of natural woodwork including the trim and hardwood floors. Main floor has 2 bedrooms and full bath. Kitchen has oak cabinets and a small eat-in space. Formal dining area as well. 2nd level features the 3rd bedroom which is finished off in knotty pine. This home also has a three season room, fenced in back yard and a 1.5 car detached garage. Furnace is only 5 years old. Check it out!
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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