19430 Homer Road
About This Property
Notice the hardwood floors, soothing color palette, and wonderful layout. The kitchen will sure to host large gatherings with an abundance of countertops, ample cabinets, and stainless steel appliances. Step outside into the fenced-in yard, ideal for pets or peaceful outdoor gatherings, and admire the picturesque surroundings that offer both privacy and tranquility. For the hobbyist or DIY enthusiast, an additional pole barn complete with gas and electricity awaits, perfectly suited for a workshop or extra storage needs. Whether you envision it as a year-round residence or a summer getaway, the option to purchase fully furnished adds to its immediate appeal. Discover the joys of country living combined with the comforts of home in this inviting and well-maintained 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