24325 BEAVER DAM DRIVE
About This Property
Inside, the main level is adorned with classic hardwood flooring throughout the living areas and all three bedrooms. The inviting living room serves as the heart of the home, featuring a cozy brick fireplace, built-in shelving, and slider doors that lead to the deck. The kitchen comes fully equipped with a suite of appliances, including an electric stove, built-in microwave, and dishwasher. For added convenience, the home includes baseboard heating and a main-level bathroom featuring a stall shower and laminate flooring.
The functional lower level offers an expansive bonus room and a large laundry area with a utility sink and concrete floors. This level also includes a second bathroom with tile flooring and a stall shower, as well as significant additional storage space. With its combination of traditional charm and exceptional waterfront positioning, this home is a unique find in Seaford.
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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