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4495 Piedras Street
About This Property
1/2 acre lot w/a House and additional 1bd 1bath apartment!! Spacious Main home with 2bd 2bath & 2car garage; HUGE Eat in Kitchen with slow close drawers, wood block counters and Brand new Range. Tiled Living Rm w/ LOTS of Natural light coming in. Master bed has plenty of space for your California King and enough room for His/Her clothes in the double closet. 2nd Bd is nice size w/ walk-in closet. The Apartment has NEW roof; New siding installed Sept 2018, 1bed with a full Bath and Full Kitchen. NEW Flooring just installed Oct 2018 in the Living rm. Great for the Mother in law or as a Massive Man Cave. Close to I-95 and Highway 528 for quick trips to the Beach or Orlando.
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017