1406 NYE ST
About This Property
This home is perfectly situated to take advantage of all that Capitol Heights has to offer. Enjoy close proximity to local shopping, dining, and parks, as well as easy access to public transportation – Cheverly Metro station is just a short 10 min drive away making commuting a breeze. Whether you're heading into D.C. or exploring the surrounding area, you'll find convenience at every turn.
Located in a quiet, well-established street, this home combines modern upgrades with the charm of Capitol Heights living. Don't miss the chance to make this beautiful property your new home!
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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