15404 KELBAUGH RD
About This Property
Upstairs, vintage hardwood floors lie hidden beneath some of the carpet, waiting to be lovingly revived. The walk-up attic provides abundant storage space or may have potential for a unique bonus room. Outside, the inviting front porch is the perfect spot to take in the beautiful scenery.
Located just minutes from parks, schools, shopping, and quick access to Rt 15, this farmhouse offers a beautiful blend of privacy and convenience. Whether you're envisioning a cozy family retreat or an investment brimming with potential, this property is ready for someone to bring it back to life.
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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