2137 GRAPHITE Road
About This Property
Enjoy the outdoors, with over 1,000 square feet of wraparound decking--more than 300 square feet covered--offers the perfect perch for morning coffee, stargazing evenings, and everything in between. A spacious 1,400-square-foot metal workshop/garage with loft provides room for projects and passions, while a charming 300-square-foot guest house welcomes visitors or creates opportunity for added income.
And for those with a spirit of adventure, additional RV accommodations make this magical property as practical as it is poetic. There are 5 RV hook-ups total. 2 of them with electric, propane, septic and water access
3 of them have drop tanks and access to water.
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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