140 Campbell Road
About This Property
One of the property's standout features is the brand-new wood privacy fence enclosing the entire backyard, which was installed prior to the fire and was not damaged. Also included is a large detached two-car garage that was unaffected by the fire and offers excellent storage or workspace potential.
The basement appears to have remained largely intact following the fire. Whether you're looking to rebuild or redevelop, this property presents an opportunity to create something new while taking advantage of existing site improvements.
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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