139 Mcentire Road
About This Property
Outdoor adventures are close by, from Catawba Falls and the paved Point Lookout Trail to the Old Fort Gateway Trail System. The surrounding Blue Ridge Mountains and Pisgah National Forest draw visitors for hiking, mountain biking, horseback riding, and camping.
With city water and a septic tank installed, this creekfront property invites you to imagine an RV or camper getaway or an elevated treehouse retreat. The property is located in a flood zone. Buyers should review the floodplain information and confirm whether their intended use is permitted with the local building department and under applicable town or county ordinances.
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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