3548 KING GEORGE Road
About This Property
Custom built 2321 sq ft
Brick home in Immaculate condition
located on 3.05 acres that boasts a beautiful country setting.
Private paved road shared with 6 houses. Stocked pond, Solar panel for water heater, A/C and heat 5 years old, Double garage @ side with ample cabinets and workshop area, 1 car garage @ front. Roof and gutters less than 5 years old. Property has Well and septic system. Owned Rain soft system, washer/dryer and all appliances convey. Large open kitchen with custom kitchen cabinets, island w/ exhaust fans and downdrafts. Pocket doors, fresh paint, beautiful custom wood paneled walls, 25x25 Detatched insulated garage w /power
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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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About Clay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017