16 WINDING LN
About This Property
You do not want to miss out on this property that is ready to go. The home features ample size bedrooms and plenty of room for entertainment. The basement is partially finished and easily fully finished. The location of the home is around plenty of shopping and eatery locations. The neighborhood is in a secluded section of the north Wilmington area with beautiful houses and scenery all around.
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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