1215 PINE AVENUE
About This Property
You'll love the laid-back lifestyle of Cedarhurst on the Bay --a vibrant community with a clubhouse, dock, playground, & MORE with easy access to waterfront marinas, community parks, and beloved local spots like JesseJay's Latin Inspired Kitchen, Petie Greens Bar & Grill, and the Driftwood Diner. Plus, you're just a 20-min drive to Annapolis and under an hour to Washington, D.C., making this the perfect blend of coastal retreat and commuter convenience. Don't miss your chance-this home shows beautifully and won't last long!
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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