370 Naples St
About This Property
One of the standout features of this property is its oversized lot. Unlike many neighboring homes, you'll appreciate the extra space on both sides of the home, creating a generously sized backyard with room to relax, entertain, garden, or customize to fit your lifestyle.
Located in a highly desirable area of Firestone, you'll be just minutes from King Soopers, Hart Park, Saddleback Golf Club, Barefoot Lakes, Firestone Regional Sports Complex, and Historic Downtown Frederick, with shopping, dining, recreation, and outdoor activities all close by.
Whether you're searching for your first home, downsizing, or simply looking for a move-in ready ranch with an exceptional lot in a fantastic location, 370 Naples Street is one you won't want to miss!
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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