1455 Martin Road
About This Property
Home is located on a quiet street
with large lots and tons of privacy, but is a quick drive to shopping, schools, restaurants and more. Country living with city convenience! All offers must be entered through PropOffers.com. An offer management fee of $175 (plus sales tax, where applicable) is charged by Pyramid Platform in connection with the use of PropOffers.com. This fee will be paid at closing from the agent representing the buyer as selling agent or transaction broker.'||chr(10)||''||chr(10)||'Subject to seller addendum. For financed offers, EMD to be 1% or $1,000, whichever is greater, and for cash offers EMD to be 5% or $5,000, whichever is greater.'||chr(10)||''||chr(10)||'All offers are subject to OFAC clearance.'||chr(10)||''||chr(10)||'A viewing release must be signed and returned to our office before showing this property. There are open code violations on this property; please refer to cases 19CE-01031 and 19CE-01478. Buyer to assume responsibility and sign hold harmless at closing. '||chr(10)||''||chr(10)||'Seller and listing agent have no knowledge of property's condition or history, no disclosures provided. All information recorded in MLS intended to be correct but cannot be guaranteed, buyer advised to verify. Sold As-Is.
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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 Brevard
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017