1856 Payne Road
About This Property
The entire interior has been freshly painted, creating a bright and welcoming atmosphere throughout the home. Move-in ready and awaiting your personal touch! Situated on a large corner lot, this property offers a sense of privacy and ample outdoor space for various activities. Perfect for gardening, outdoor gatherings, or simply enjoying the fresh air.
The masterfully designed interior and exterior spaces combine to provide a harmonious living experience, making this home a standout in the Evansfield neighborhood. Experience the convenience of modern living coupled with the charm of this well-maintained residence. A true gem in a desirable community. Don't miss the opportunity to make 1856 Payne Road your new home - schedule a showing today and envision the possibilities that await in this delightful Evansfield property.
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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