405 B Street
About This Property
most reputable builders, Entire Inc. You'll love the open floor plan, first floor master suite and all of the other upgrades in this great home. In addition to the 3
full bedrooms, there is a bonus room upstairs which would make a great office, playroom etc. Smart home technology, energy efficiency and just blocks to
the beach! The oversized 1 car garage is perfect for your big vehicle and all of your beach toys. HOA free living is a big plus in this quiet beach neighborhood. The flood
zone is ''X'' which doesn't require flood insurance, and homeowners is substantially lower on new homes. Plenty of room for a pool too!
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Cap Rate Calculator
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