3812 SAND DOLLAR Road
About This Property
Great 3 bedroom 2 bath home in convenient location. Features formal living room/ dining room combination, kitchen with eat in space, family room with sliding glass doors leading to the back patio. Beautiful master bathroom has garden tub and separate shower room. Separate inside utility room.
Architectural arches throughout the home add to the impressiveness and the stucco over concrete block construction provides a top, storm resistant structure. Prior to seller receipt and approval of the full title package from foreclosure, title to the property will be conveyed by a Quit Claim/Non-warranty deed.
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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