22909 Cascade Place
About This Property
Step inside to discover newly installed windows in the bedrooms, inviting streams of natural light across the rooms. The bedrooms also feature newer laminate floors. The property has room for a boat or RV, and absolutely no HOA restrictions, you're free to embrace the outdoor lifestyle you've always dreamed of. Plus, with the flexibility to rent out your property immediately, you'll enjoy the benefits of ownership from day one.
Best of all, you'll own the land outright, offering both peace of mind and investment security. 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