240 ARUNDEL ROAD
About This Property
Home offers a detached 24x32 detached garage with car port, a car lovers dream!!
Easy access from street, drive around to the back of the property to enter the garage bay.
Home has been remodeled, beautifully updated with soft close white cabinetry, stainless steel appliances, stackable front loading washer/dryer, LVL flooring, quartz countertop, breakfast bar, so much more.
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Cap Rate Calculator
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