1708 WESTOVER Drive
About This Property
Nestled on a spacious lot, this cozy abode offers 1,075 square feet of living space, making it the perfect retreat for those seeking a quaint and intimate home. With its retro charm and sturdy construction, this house is a testament to enduring quality and craftsmanship.
While modest in size, this old house boasts a big lot that provides ample space for outdoor activities, gardening, or simply enjoying the fresh air. Imagine creating your own oasis in the backyard on your corner lot.
Don't miss the opportunity to own a piece of history with this well-maintained old house from 1971. With its solid construction, classic design, and spacious lot, this property is sure to capture the hearts of those who appreciate the charm of yesteryears.
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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