1627 Griffith Road
About This Property
This prime lot presents a rare opportunity to live in a serene waterfront setting with direct access to private green spaces and community facilities that ensure a rich, active lifestyle. The community space, meticulously landscaped is perfect for relaxing afternoons. Recreational activities abound with Horseshoe pits and Corn hole setups for friendly games among neighbors.
Step out of your future front door and onto extensive walking trails that meander along the lake, providing breathtaking views and a peaceful escape into nature. Embrace the opportunity to build a home tailored to your preferences and dive into the life you've always wanted, all within close proximity to the best Abilene has to offer.
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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.
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About Abilene Heights Area
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$7,500 /mo
- 3 Beds
- 2 Baths
- 1,924 ft²
$1,395 /mo
- 1 Bed
- 1 Bath
- 706 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017