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305 Bunker Street
About This Property
The fenced in backyard also includes a custom swing set, fort and a small workshop shed with power.
This home has been upgraded with brand new carpet through out, paint inside and out. Come see this quiet neighborhood and its custom homes which are within walking distance to many amenities including the Melbourne city golf and country club, several restaurants, old downtown Melbourne, Melbourne Square Mall and shops in the area.
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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