3904 CLARK STREET
About This Property
The property sits on a spacious double lot, providing ample room for outdoor activities, gardening, or even future expansion. The wood exterior siding has been recently redone and freshly painted, adding to the home's curb appeal and structural integrity.
While the interior could benefit from some TLC, the home's bones are strong-making it a great opportunity for investors or homeowners looking to build equity with a bit of updating. Don't miss this chance to own a well-located home with great outdoor space and plenty of potential.
Schedule your showing today and envision the possibilities!
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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 Coral Hills
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$2,850 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017