140 DARBY DR
About This Property
The interiors are beautifully adorned with neutral paint tones and hardwood floors, while an exceptional sunroom at the back boasts warm-colored ceramic tiles and wall-to-wall windows that invite natural light. Work from home, no worries the office conveniently located at the front of the house offers a spacious quiet area for meetings. The two-car garage provides ample vehicle storage, and the shed in the backyard offers additional space for tools and lawn equipment. The home is thoughtfully positioned on the lot, featuring beautiful landscaping and a paver patio at the rear, ideal for outdoor gatherings. Location is key for this neighborhood, close to all shopping, dining and entertainment.
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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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About Frederick
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017