3067 Edgewood Drive NE
About This Property
This stunning one-story home is on a large lot in a well developed neighborhood. From the gally kitchen and ppen living space to the large shaded backyard, there is plenty of room for the whole family to enjoy. Recent updates include new flooring and newer appliances. Don't miss out on this gem! 🏡✨
For more details or to arrange a tour, call your agent now! 📞
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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 Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017