2524 FOREST Boulevard
About This Property
POTENTIAL!POTENTIAL! Come see this 2 bed 1.5 bath home today. Located on a 1.1 Acres lot. Property features a spacious fenced yard. Screened in porch. back wood deck. Living/dining room area. Eat in Kitchen. A must see for any Investor. This property was built prior to 1978 and lead-based paint potentially exists. The buyer will be responsible for owner's title policy, transfer and recording fees.
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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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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017