3030 GREAT OAK DR
About This Property
The home has been renovated throughout with a completely new kitchen, new bathrooms, luxury vinyl plank new floor, new kitchen and laundry appliances, and fresh paint, giving it a modern and stylish feel. The large windows in the basement flood the space with natural light, creating a bright and inviting atmosphere.
Located just minutes away from shopping centers, signature brand restaurants, and the popular Giant grocery store, this home is ideally situated for those who value convenience and accessibility. Don't miss out on this incredible opportunity to own your own home in the heart of District Heights.
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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