45116 KILPATRICK Road
About This Property
Inside, you'll find a warm and inviting layout with updated appliances and a newer AC system for year-round comfort. Enjoy quiet mornings and relaxing evenings on the spacious screened-in front porch, surrounded by mature trees and open space.
The property also features a versatile 26x40 metal building, now fully finished. Perfect for a workshop, hobby space, or additional storage. With no HOA and ample room for your boat, RV, or future expansion, this property offers the ideal balance of country living with convenience to town.
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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