208 Double D Road
About This Property
One of the most impressive aspects of this home is its solar panel system. These panels significantly reduce energy costs, with current electricity bills averaging only $38 per month-down from $280! further maximizing savings. To make this deal even sweeter, the seller is offering an $11,000 credit to assist with the payment of the solar panels.
Inside, the home showcases an updated kitchen complete with granite countertops and modern cabinets, as well as fully renovated bathrooms. This property is a rare find and offers an incredible opportunity for families seeking ample space, modern amenities, and energy-efficient living.
Don't miss out on this unique chance to own a home that combines comfort, sustainability, and savings!
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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