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12912 NE 14th Avenue
About This Property
Nestled on 2.37 peaceful acres at the end of a quiet dead-end street, this charming 1988 rustic cedar home offers both privacy and character. The reverse board and batten cedar exterior is naturally weather-resistant and insect repelling, with annual termite treatments. Inside, the spacious living room features a cozy corner wood burning fireplace, while the formal dining room & solid oak kitchen cabinets add warmth and functionality. 3 large bedrooms and 2 full baths. The home has a 2014 metal roof, 2020 Kinetico waters softener and a new hot water heater. Outside you will find an 18x22 partially enclosed pole barn with water and electric, an 18x35 metal RV carport with 30amp elec service.
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Cap Rate Calculator
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