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1652 Doggett Road
About This Property
Inside, the open concept floor plan showcases vaulted tongue-and-groove ceilings in the living room, dining area, and kitchen, creating a warm and inviting atmosphere. The well appointed kitchen offers abundant cabinet and countertop space, stone countertops, and stainless steel appliances, making meal preparation both functional and stylish.
The desirable split-bedroom layout provides added privacy. The primary suite features a walk-in closet and a private bath with double vanities, a tiled walk-in shower, and a linen closet. Two additional bedrooms offer comfortable accommodations and share a full guest bath.
Conveniently located near the Thermal Belt Rail Trail, with easy access to US-74, this home is just minutes from charming downtown Forest City, where you'll enjoy local coffee shops, bakeries, restaurants, and small-town charm.
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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