2618 Paces Ferry Road N
About This Property
*Roof 10 years old
*Recessed lighting & ceiling fans
*Crown molding in living, dining & master bath
*Floor length windows across the front of house
*Built-in bookshelf
*New Pella windows installed 2012 that fold in for easy cleaning
*Reverse osmosis under kitchen sink
*20" ceramic tile in kitchen
*Kitchen cabinets have pull out drawers & have safe slowing closing drawers
*Microwave "drawer" for easy access & handling of hot foods.
*Flat top stove has extra large burner & quick boil feature
*Spice rack has pull outs
*Water softener
*Out patio is wired for speakers
*New pool liner 2013, with automatic cleaner & chlorinator
*Greenhouse
*3 feet of slate stone surrounding Cool deck
*Pest prevention by Massey inside & outside
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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 Lakeside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017