17
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4001 Gail Boulevard
About This Property
shuffle board, This move in ready home sits on a corner lot that you own no lot rent .It features a large open kitchen. 2 large bedrooms with
walk-in closets . Indoor laundry room doubles as an office . The carport has been enclosed to give you over 2000 sf of living space . There is an
air-conditioned workshop large enough for any projects you might have. Covered carport on the back features RV hook up . Metal roof and
newer high efficiency A/C .
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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 Hollywood Estates of Canova Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017