140 Cadman Avenue
About This Property
Additional upgrades include a brand-new roof, in-ground sprinklers, and a 1-car garage, adding both convenience and value. A full unfinished basement presents incredible potential for storage or customization. Set on an oversized property, this home offers both comfort and opportunity in a prime location. You'll love being close to local shops, restaurants, parks, and the LIRR, providing the perfect blend of Village living and modern convenience. Residents enjoy exclusive Babylon Village amenities, including access to the Village pool, golf course, private garbage pickup, and Town of Babylon beaches. Located in Babylon Village School District.
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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