3077 EUTAW FOREST DRIVE
About This Property
Such great access to Rte 228, 210, and Rte5. Quick commute to D.C, Joint Base Andrews, and all around.
**All offers welcome.** The pool will be sold as-is. Buyer is welcome to open/inspect the pool. It was closed 6 years ago by a professional pool company and has not been opened since. The fireplace is sold as-is as well. It was never used by the owner. Lastly no seller disclosures provided as this is an estate sale. However, there is a material disclosure that some water will seep into the garage, under the garage door, when it rains. It has always done this and has never affected the interior of the home - per the PR.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017