3119 3RD STREET
About This Property
Whether you're looking to build your dream home, investment property, or future residence, this is an opportunity worth exploring. Enjoy the convenience of being close to schools and major transportation routes while being located in a growing area. property is sold AS-IS. Buyer is responsible for conducting their own due diligence regarding zoning, building requirements, utilities, permits, schools, and any other applicable restrictions.
Price to Sell. Don't miss this opportunity to own property in Davenport. Call today for more information.
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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