18142 50th Street N
About This Property
countertops with upgraded cabinets. Large 16" diagonal tile throughout. Bathrooms have matching granite counters. The oversized 2 car garage is excellent for setting up shop. There is a barn for livestock or horses. The backyard pond completes a serene outdoor setting to relax on your time off. Fully fenced and cross-fenced for separation. You drive home on paved roads all the way to 50 St N!! A smidge of sweat equity will make this a terrific value!!
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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