32196 ROBIN HOODS LOOP
About This Property
is just a short easterly drive from some of Delaware's most popular coastal resorts.
This contemporary-style home rests on a quarter-acre lot and features 2,000-square-feet of living space.
Highlights of the property include a converted sunroom, a spacious living area, a nice-sized yard, a
downstairs master bedroom, upgraded flooring and a two-car garage.
Savvy buyers recognize appreciative potential. Make an appointment today to see this Millsboro area
home and you could be living the Delaware beach life before the next summer season.
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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