2623 W C 48
About This Property
With 65,000+ vehicles per day (AADT) and immediate proximity to national operators including Love's Travel Stop, this site delivers visibility, access, and scale.
The property offers access to public sewer, providing a key infrastructure advantage. While water and electric services are not currently connected, nearby availability creates flexibility for a wide range of commercial or mixed-use concepts.
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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