2619 CORY TER
About This Property
One of the best features of the home is a separate apartment, perfect for multi-generational living or as an in-law suite. It can even help lower your monthly payments as a separate rentable apartment. The location is super convenient, with easy access to Metro and Georgia Ave, making it a great investment opportunity.
Whether you're looking for a cozy place to call home or a smart investment, this house has it all. Come check it out and see for yourself!
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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 Wheaton - Glenmont
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$3,500 /mo
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$3,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017