227 Scott Avenue
About This Property
Major mechanical updates offer added peace of mind, including a newer furnace (2023) and hot water heater (2024). Washer and dryer are also included, making this move-in ready home an even better value!
Situated in the West Genesee School District, this property offers an excellent location close to shopping, restaurants, schools, healthcare, and major roadways for easy commuting. Whether you're looking to stop renting, simplify your lifestyle, or add to your investment portfolio, this charming cottage is a fantastic opportunity to own an updated home in a prime Camillus location at an affordable price. Don't miss your chance to make it yours!
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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