15226 ELK RUN ROAD
About This Property
Hardwood floors in the living room and dining room.... Main level full bath.... Breakfast room off the kitchen with doors to the deck....Upstairs are 3 bedrooms and a second full bath.... Pull-down stairs to a floored attic in bedroom 2 provides convenient storage.... Brand new toilets in both full baths....The lower level features a large rec room, separate bonus room, and spacious laundry room....This is an estate sale, so system ages cannot be confirmed. The labels indicate HVAC (2011) and water heater (2023).... Roof age unknown....
Due to condition, FHA and VA financing will not qualify....Floor plan in the virtual tour....
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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%.
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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 Chantilly
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017