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3061 Rowe Street NE
About This Property
Don't miss out on the opportunity to own this cute 3/2 home featuring an open floor plan with tile through out. It boost a large patio with a big yard with plenty of room to park your RV or store your boat. It is minutes from Goode Park where you can launch your boat or go kayaking. This is a perfect starter home or good for an investor looking for a rental property.
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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