3313 Barton Street
About This Property
DRIVE BY ONLY - THIS IS OCCUPIED. DO NOT BOTHER TENANTS!
This is an older single wide mobile home on it's own land in Mims. I has 1 bdrm. plus large sleeping porch or Florida room, and 1 bath. Home has laundry hook-ups and shower area in backyard, along with an out building.
Tenants moved in December 2019 and have a verbal agreement at this rate for a year. Seller will happily allow a 7 day period for inspections and buyer approval of condition of home once he has an executed contract.
We've all seen the stock market lately. Secure your future with this investment opportunity today!
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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