4508 Mesa Boulevard
About This Property
Two bedrooms are located upstairs, with a third conveniently situated on the first floor. Energy-efficient double pane Low-E windows and sliding doors fill the home with natural light, while the new AC, furnace, air ducts, and water heater provide modern comfort and peace of mind. Every detail has been designed for style and convenience, and all new appliances included making this home truly move-in ready.
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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