26 Walnut COURT
About This Property
There is a nice large shed in the fully fenced in backyard with electric. Separate fenced in vegetable garden area for your green thumb. Let's not forget you have an Olive tree, an Orange, Lime, Banana and Lemon trees in the back. Spring and Summer will be full of color with the flowering vines, Crepe Myrtles, Azaleas, Hydrangeas, Chinese Weeping Cherry tree, Wisteria tree, and best of all a 15 foot Rainbow Eucalyptus tree .
PROFESSIONAL PHOTOS COMING IN 3 DAYS.
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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