2961 Ohio Street
About This Property
- This home has great potential. Sets on a beautiful .85 acre lot with 5BR and 2B, a 2G attached and 2G detached and 2 carport. Roof 2014. There is a pump house with all the water pumps and an air compressor for the detached garage next door. The inside needs a little TLC but the price reflects some cosmetics.
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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