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29 Irving Street
About This Property
The basement, with separate side entrance from the driveway, offers an abundance of space to be used as a rec room, den, office or for your hobbies. Lots of room for your big screen TV and those football, baseball, basket ball and soccer watch parties with family and friends. If you love the outdoors, you will enjoy the lovely backyard paver patio and garden surrounded by vegetables and plants including your own fig tree and blueberry bushes. This home is an affordable outstanding property, which won't be on the market for long. The home has been lovingly maintained by the original owners. It is located on a beautiful street in a prime area of Award winning Elmont School District. Near Worship, schools, shopping and SS Parkway Exit 13. This is an ESTATE and the property is being sold AS IS.
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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 North Valley Stream
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017