3101 SW Dunklin Avenue
About This Property
9 Stall cement floor barn with 2 wash racks and office, tack room; Lighting for riding ring, deep lake with fish for relaxing, pole barn, 3 pastures, chicken coop, Possible guest house (frame) needs work, storage CBS building for mowers and plenty of parking for trucks, RV, etc. Area has many parks and recreation areas and is only 10 mins. west of 95 on 714 (Martin Hwy). Property is fenced and gated and on a dead end private street.
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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