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1364 DOMAS Drive
About This Property
Situated on a .24-acre lot with a fully fenced backyard, the property features mature fruit trees including peach, lemon, and a citrus blend.
Recent improvements include a 2022 roof with new soffits, new plumbing, complete electrical rewiring, new insulation, and a new HVAC system.
Septic serviced Dec 2025. Additional updates include a new fence 2024, driveway with lighting 2024, and exterior lighting.
Appliances are less than two years old, and the home is equipped with a smart doorbell system and pre-wiring for additional security features.
No HOA. Move-in ready with numerous system upgrades already completed.
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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