1218 SOUTH RD
About This Property
The lower level has new carpets, and fully remodeled full bathroom and a bonus 4th bedroom. This home has a new roof (2023) and new HVAC system (2023) along with an upgraded water softening system (2023)! Enjoy peace and quiet on the back deck which has been freshly painted as well (2024).
Don't miss out on this well appointed home. Boulevard Park enjoys a Boat Ramp, Pier Clubhouse and playground. Voluntary HOA & Boat Ramp.
Part of the Bodkin Elementary / Chesapeake School District.
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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