2852 C 1/2 Road
About This Property
Kitchen and baths have been updated, New windows installed 5 years ago, new Hickory hardwood floors 2 years ago, new laminate floors in baths last year. 4 shares available for transfer/ purchase from Grand Valley irrigation, automatic sprinkler system with new pump uses ditch water. Mature landscaping with plenty of room for the vegetables. Nice covered deck and patio. Minutes from Las Colonias park and bicycle trails. For showings call 800-showings or listing agent.
All acreage and SF measurements have been taken from county records, buyer to verify. Seller may need 30 day post closing occupancy agreement to find new home.
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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