1483 NOLAN Road
About This Property
Outside the expansive lot gives you plenty of room to spread out, with covered parking for up to five vehicles. You'll also find additional storage and workshop space, a large front deck, and a covered rear deck, giving you plenty of options for entertaining, relaxing, working on projects, storing equipment, or simply enjoying the privacy and space that comes with the acreage.
Whether you need room for toys, tools, animals, or just want some distance from the neighbors, this property gives you the flexibility to make the space work for you.
If you've been looking for a property that offers acreage, usable space, and the freedom to make it your own, this is the one!
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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