18 THOMAS RD
About This Property
The house comes with a one-car garage and a big driveway that fits 5 more cars, giving you plenty of space for vehicles or even to expand your living area in the future. The outdoor space is just as nice, with a neat lawn, lovely plants and flowers, and lots of room for outdoor activities. There's also a big shed in the backyard for extra storage.
This home is in a community close to the water, with access to boat ramps and a community pool for everyone to enjoy. Don't miss out on this gem. It's ready to show today and won't be available for long!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017