277 Flatbush Avenue
About This Property
Are You Handy? This wonderful 4 bedroom cottage on over a 1/2 acre just needs a little tender loving care. It offers a covered front porch, wheel chair accessible ramp, detached 2 car garage and plenty of room to grow. The sizable kitchen has plenty of space for large Holiday gatherings and the dining room is open to the living room. Full unfinished basement leave plenty of space for storage. But hurry, there aren't many homes available in this price range, won't last long! Additional Information: ParkingFeatures:2 Car Attached,
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017