12315 SE 177th LOOP
About This Property
Newer Pella French doors have been installed off of 3rd bedroom and great room. The front windows in the dining room and kitchen are newer Anderson windows. The 3rd bedroom has a wall bed with extra storage and a desk area. Inside laundry (washer and dryer do not convey). HVAC system new in 4/2018. Roomy extended 2 car garage plus Golfcart garage with screening/entry door. The garage has a sink, work bench and extra cabinets that convey. Pull down attic steps for storage and foam insulation added. All this and more when you view this beautiful well maintained home. Some furniture and street legal golf cart (with new lithium batteries and tires) are available for sale separately.
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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