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4274 CHOKEBERRY Road
About This Property
New roof on home and detached two car garage with large covered patio. Detached garage exterior freshly painted. Open floor place with master suite on opposite side of house of other bedrooms. Plenty of room to park plenty of toys, RV, boats, extra cars, side by sides and still have room for a pool. Large covered carport next to detached garage comes as is. Detached garage also comes as is. Partially fenced backyard
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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