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3713 MAIN Street
About This Property
water heater, HVAC unit is new also! Large open kitchen with new shaker white cabinets, granite counter tops, new faucets and lighting, Enjoy the large front porch while watching the boats go by or fish from your own dock. All bedrooms have new carpet, bathrooms have newly tiled tub/shower, new cabinets and lighting. Move right in and enjoy waterfront living! Boat ramp and park are nearby.
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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 Middleburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017