23
Map
1759 Pace Drive NW
About This Property
DRAINFIELD INSTALLED IN 2015.Screened Front and back porches with newly installed ceramic tiles on back porch. Chain link fence and levelled RV/Boat Parking. Decking off back Porch offers additional space for outdoor entertainment or relaxation. Large storage shed with roll-up garage door.
ASSUMABLE 3.2% MORTGAGE, BUYER MUST QUALIFY. ASSUMABLE FEE.
Window A/C in Master and RV Electrical box do not convey convey
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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 Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017