3330 12th Avenue SE
About This Property
the right buyer. The existing home is in need of significant work and is being sold AS IS, presenting a
prime opportunity for investors, builders, or anyone looking to create their own vision from the ground
up. With expansive acreage, abundant privacy, and endless possibilities for redevelopment or
renovation, this parcel is ideal for those seeking space, flexibility, and longterm value.
Whether you're planning to rebuild, reimagine, or simply secure a generous piece of land in a growing
area, this
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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