4102 31ST ST
About This Property
Nestled just blocks away from the D.C. border. The offerings of Mount Rainier are both enchanting and expanding. Savor the delights of local watering holes such as Pennyroyal Station and Era Wine Bar. Vast green spaces and the inviting Northwest Branch Trail add to the captivating character of this location.
Embrace the allure of this unique residence - a testament to the seamless fusion of character and modern comfort. Your Mount Rainier home awaits.
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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 Mount Rainier
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017