424 Jeffries Street
About This Property
Featuring 3 bedrooms and 1.5 baths, the functional single-story layout is highly desirable for tenants while also serving as an affordable and practical option for homeowners. With NO HOA, monthly expenses remain low-an attractive advantage whether you're building a portfolio or stepping into homeownership for the first time.
Ideally located just 1 mile from downtown Burlington and only 8 minutes to downtown Graham, this home offers quick access to shopping, dining, entertainment, and major highways-placing it in a consistently high-demand area for both renters and buyers.
Whether you're looking to house-hack, add a solid performer to your investment portfolio, or settle into a well-located, budget-friendly home, this property delivers flexibility, convenience, and value. Some photos have been virtually staged to show potential. Please note that the photos taken were prior to the tenant moving in. The home has NOT been turned as the tenant just recently vacated
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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