2951 LIPPIA Road
About This Property
quiet and safe neighborhood near Edgewood and New Kings Hwy. This house has new laminate floors. New kitchen and bathroom cabinets,
stainless steel appliances, title in the kitchen, a
laundry room with washer and dryer. You will love the huge fenced in yard.also, a
carport come with this home.
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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