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480 Haviland Drive
About This Property
A walkout unfinished basement provides excellent storage and exciting potential for future living space, a home office, gym, recreation room or workshop, the possibilities are endless. The home is situated on a large piece of property, the backyard offers two levels, one is fenced in and the second is a nice level yard with a playhouse.
With a classic colonial design, spacious rooms, and a light filled interior, this home offers a wonderful opportunity to make it your own.
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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