207 Lynnhaven Drive
About This Property
paint, back deck, fireplace, and a completely remodeled bathroom. Located just short drive to the interstate as well as the main highway where you can find a variety of restaurants and amenities. Enjoy the luxury of a fully fenced backyard to accommodate your evening gatherings. Need storage? You are covered with the detached garage and shed. Don't miss out on the opportunity to make this home yours and enjoy everything it has to offer!
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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