4074 ADAMS DR
About This Property
Most of the home has been freshly painted and carpeted. Hardwood floors under the new carpet on main level. Additional improvements include an E/V charger(Tesla-easily adaptable for other electric cars), copper replacement lines throughout the home, sewer line to street replacement, water heater, architectural shingle roof, updated bathrooms, vinyl siding, ceiling fans, replacement windows, sliding doors, radon system (2025) and more.
Backs to Parkland. Conveniently located to amenities in the greater Montgomery County and DC area.
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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 North Kensington
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$3,711 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017