2880 Shoffner Avenue
About This Property
The current VA financed loan is ASSUMABLE at 2.625%.
The above ground pool has been removed and no longer a part of the sale.
The Listing Agents have resourced property listing information from the County Property Appraiser's website. While the listing agent believes that the acquired information is accurate and true, the buyer and/or buyer's agent should verify all details related to this property prior to purchase.
Buyer to verify all areas of importance including measurements.
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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