4103 MESA WAY
About This Property
The property includes a versatile extra room with a separate entrance at the rear, perfect for accommodating guests or creating a private office space.
Step into the brand-new kitchen equipped with modern appliances and sleek finishes, making it ideal for culinary enthusiasts. The bathrooms have been tastefully updated, and fresh paint throughout the home adds a bright and inviting touch.
With countless upgrades and a prime location, this home is a must-see! Don't miss out on this opportunity-bring your best offer 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.
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About Lincolnia
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$4,350 /mo
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$4,700 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017