45435 EULA B Road
About This Property
This home is being renovated and will look like new when it's finished (prior to closing). The renovations include brand new SS kitchen appliances, new front door, new steps, new flooring throughout the home, updated lighting and a brand-new roof. The well system was updated as of June 2022. You won't want to miss seeing this spacious kitchen with prep island!
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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