306 OLEANDER Street
About This Property
Home needs love. 866 sft plus 2 enclosed porches can provide very simple accommodations.
Renovate, add on;
Or tear down and build.
50 x 110 lot
20' set backs on front
25' back
7' sides
50% lot coverage
Beach lifestyle awaits
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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 Beaches
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,095 /mo
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$1,895 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017