218 E Dibble Street
About This Property
Windows 5, Furnace 3-4, new Water Heater, Electrical 100 Amp, new wire receptacles, new Plumbing and PEX water lines, new Luxury Vinyl Plank floors through the Kitchen, Dining, and Bathroom and new Carpet in the whole house. The Basement is clean and dry and has a new Support System
You can have your morning coffee at inviting open front porch in the beautiful Michigan Summer, or next to your charming bay window in the winter. Nice size lot with alley access to a brand-new Garage at the back.
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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