4313 Newgate AVENUE
About This Property
The home boasts many updates, including an updated bathroom, new countertop, sink and faucet in the kitchen, and fresh interior and exterior paint, and brand-new windows in living room, bedrooms and bathroom. The AC system was replaced in 2017, the roof in 2012, and the water heater in 2022. The completely fenced backyard is ideal for your furry friends. Washer and dryer hookups are located in the garage.
Conveniently close to trails, state parks, Anclote River, and the Gulf of Mexico. Call today to schedule your personal viewing!
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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 Beacon Square
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017