125 CRIMSON DRIVE
About This Property
The kitchen offers ample cabinetry and workspace, ideal for preparing meals and gathering with family and friends. Additional highlights include multiple baths, efficient heating and cooling, and an attached garage for added convenience. Step outside to enjoy the fenced-in rear yard with space for relaxing, pets, gardening, or outdoor entertaining.
Conveniently located near shopping, restaurants, schools, Route 1, Dover Air Force Base, and all that Delaware's capital city has to offer. Whether you're a first-time buyer, downsizing, or looking for your next move-up opportunity, 125 Crimson Drive is one you won't want to miss!
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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