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14438 HOLLOW ROAD
About This Property
Additional highlights include a covered front porch, mountain views, a 1-car detached garage, an unfinished basement providing excellent storage or future finishing potential, and a metal roof replaced in 2021. The home is equipped with a whole-house UV water purification and filtration system for enhanced water quality. With plenty of outdoor space to enjoy, garden, or simply take in the surrounding countryside, this property offers endless possibilities.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017