1265 Yates St
About This Property
ft., with a 150 foot Yates St frontage. There is a great concept site plan with a 15 unit building to encompass all three lots
that is perfect for an investment opportunity or builder. There are lots of options or possibilities with this package. Home is
currently rented for additional income while finalizing a build project. Due to the home being tenant occupied, no showings
until an accepted offer. All information is deemed reliable but not guaranteed, Buyer and/or Buyer's agent to verify all
information.
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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