1441 WATTS AVE
About This Property
2 ZONE HVAC. HARD WOOD FLOORS. EXPANSIVE PRIMARY BEDROOM. COVERED FRONT PORCH. SEPARATE LAUNDRY AREA ON 2ND LEVEL. DRIVEWAY HAS AMPLE PARKING FOR MANY CARS
EASY ACCESS TO RT 32. NO HOA FEES.
The sale of the property is made on an "As Is", "Where Is" and "with All Faults" basis, and seller makes no warranty or representation, express or implied, or arising by operation of law, including, but not limited to, any warranty of condition, title, habitability, merchantability or fitness for a particular purpose with respect to the property or any portion thereof.
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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