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14110 S SPRINGFIELD ROAD
About This Property
Freshly painted throughout, the home is move-in ready and offers a flexible loft space that can be used as a home office, playroom, guest area, or additional living space.
Step outside to the oversized yard, offering plenty of room for entertaining, gardening, recreation, or simply relaxing and enjoying the outdoors. Whether you're sipping your morning coffee on the front porch or gathering in the spacious backyard, this charming Cape Cod offers plenty of space, comfort, and opportunity to make it your own!
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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