2115 Funston Street
About This Property
Two Bedroom Single Family Home (Not a Duplex) with an Attached Studio/In-Law's Suite that has a Kitchen and Bathroom of its own. Currently 100% occupied Month to Month. Please be courteous-Do Not Bother Tenants.
The Backyard is very spacious and shaded by Tall fruit trees with a small covered deck and Laundry Room.
The Location is 3 blocks from Downtown Hollywood's fantastic Shopping, Dining, and Entertainment. all OFFERS must be CASH ONLY!!!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017