4004 Cardinal Road
About This Property
The spacious interior boasts cathedral ceilings, and the property is being sold fully furnished and turnkey, including all visible furnishings and more. Recent upgrades include a brand-new 2023 shingle roof, stainless steel kitchen appliances installed in 2023, and a washer and dryer from 2022. The flooring throughout the house is not only attractive but also sturdy.
Additionally, a remarkable feature of this property is the generously sized shed with high ceilings and windows, complete with an extra refrigerator and freezer.
To truly appreciate the beauty and value of this home, we invite you to explore our video, 360-degree virtual tour, and the option for a Facetime viewing.
This listing is an excellent opportunity for those seeking a comfortable 55+ community lifestyle. Don't miss out - schedule your viewing today and discover everything this property has to offer. Financing options are available for this property, making it a flexible choice for your next home.
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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 Northern Pines Mobile Home Park
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$8,000 /mo
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$2,400 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017