1456 Loring Street
About This Property
This 1152 sq ft home has 3 bedrooms, 2 bathrooms, and an additional bonus room that has an attached bath and separate entrance. Beautiful Cherrywood ceilings throughout the home. Wood laminate & carpet flooring. All interior doors new as of 2017. Home has a Cozy living room with an additional living space that can be used as a family room, dining room, or mudroom to the back yard. Shed and out building provide tons of extra storage space. Located on a dead end street on an oversized lot, there's plenty of space to park your boat, RV, or any other big toys. 2 Car Carport new as of 2017. Don't wait, schedule your showings today!
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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