345 Creek LANE
About This Property
The kitchen has been upgraded with plenty of storage & pantry. On the other side of the house, you will find 2 more cute bedrooms and a bathroom! There is NO HOA so bring all the work trucks and toys out here! Kids will love the freedom they have out here because Creek Lane is a dead-end street. Farm animals for personal use only are permitted. A new water softener was installed in 2018. All information taken from the tax record, and while deemed reliable, cannot be guaranteed.
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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