44111 Acacia Street
About This Property
The attached two-car garage includes a drywalled bonus area with a vent and window, offering excellent potential for a home office, gym, hobby room, or additional storage. There is also a large utility room with ample storage space throughout.
A formal dining room could easily be converted into a den, office, or playroom to suit your needs. The expansive backyard provides room for entertaining, gardening, a pool, possible ADU opportunities (buyer to verify), or simply bringing your vision to life. This property offers incredible versatility and value for homeowners and investors alike.
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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 Columbia
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$2,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017