323 CLAUDIA Drive
About This Property
Be sure to check out the 353 acre Wm. F. Sheffield Regional Park featuring three basketball courts, a picnic pavilion with grills, two soccer and football multi-use fields, a fishing pier, a canoe launch, asphalt trails, concessions and rest rooms.
Just up the road a bit is the Betz Tiger Point Preserve, "surrounded by awe inspiring broad expanses of saltwater marsh. Stunning scenic views as well as abundant wildlife can be seen in this natural setting. With its adjoining neighbor, Pumpkin Hill Creek Preserve State Park, visitors can enjoy miles of nature trails for hiking, biking and equestrian use, kayak/canoe areas, and ample fishing. Use the canoe launch a few hundred feet south of the Preserve to launch your canoe and explore the salt marshes."
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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