3538 S RIVER TER
About This Property
Loch Haven waterfront with expansive views! This 4 bedroom/2 bath home boasts a spacious open floor plan that takes advantage of the view on both levels. Lush landscaping and mature trees gives you a sense of privacy. Detached 2 car garage. Large back deck is perfect for accommodating large family gatherings and crab feasts. 100ft pier with 2 boat slips and a lift. Bring your kayaks and paddle boards and head out on the water. Hop on the boat and head to waterfront dining on the South River or head out to the Chesapeake Bay. Loch Haven community amenities include beach, marina, tennis court, basketball court and playground. Come vacation where you live and make this your new home!
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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