17
Map
2009 W 91st Pl
About This Property
Purged title (meaning you own the land) and can qualify for FHA and conventional financing.
Great location to the parks and the school. Your kids could walk to both.
This home is fully renovated and provides an opportunity to get your own piece of land and get into the real estate
ownership market while the interest rates are at the lowest in history.
The payment on this home is lower than apartment rent and lower than if you lived in a Mobile Home Park. YET- YOU WILL OWN THE LAND AND HOME FOREVER. THE COST WILL NEVER INCREASE, only the VALUE!!
Brand new renovation
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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