1813 NW 7th AVENUE
About This Property
New paint inside and out. New vinyl and Tile flooring through-out, New Kitchen Cabinets with butcher block counter tops, new appliances, Newer AC/Heat Unit, new lighting and fixtures in every room. Covered front porch and covered carport area with storage laundry room. City water and sewer. What makes this nearly 1/2 acre lot so nice is its full of wonderful shade trees. Located just blocks from the High School, The New Hospital and all of the doctor's offices and medical facilities. Just 5 minutes to the downtown area of shopping, dinning and much more. This Home is move in ready!
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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