405 UNION STREET
About This Property
Unbeatable Small-Town Lifestyle
Location is everything, and this home puts you right in the center of it all providing an Unbeatable Small-Town Lifestyle. Enjoy a short, scenic walk to the vibrant town of Milton, where you can explore your favorite local restaurants, entertainment and Shopping. Local Dining ranges from cozy coffee shops, to gourmet restaurants. Catch a show at the local Milton theater or one of their live music performances. Spend your weekends browsing antique shops and visiting the local ice cream parlor. Don't miss your chance to own a piece of history in one of the area's most sought-after communities. Schedule your tour today!
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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