25
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123 Jefferson Drive
About This Property
The spacious eat-in kitchen is ideal for everyday living and entertaining, while the generously sized bedrooms provide plenty of room to relax and unwind. Step outside to a great deck overlooking the backyard-perfect for summer barbecues or quiet evenings under the stars.
With durable vinyl siding and a location just minutes from the beach, shopping, and major highways, this home offers the lifestyle you've been looking for in a setting you'll love. Don't miss this opportunity!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017