309 W Parrish Drive
About This Property
The roof, water heater, and HVAC ductwork were all replaced in 2017.. Need extra storage or workspace? The detached 20x30 two-car garage with manual roll-up doors offers plenty of room for vehicles, hobbies, or a workshop. There is also a 2-car carport for additional covered parking!
Located just minutes from local shops, gym, dining, and major highways, this home is a must-see for anyone looking for character and convenience downtown Benson!
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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 Benson
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017