4812 PRUSSMAN WAY
About This Property
Do you enjoy being part of a lovely community? Prefer modern utilities like public water, sewer and natural gas? Always wanted a large parcel of ground but your job depends on a solid internet connection? This is the custom lifestyle you have been waiting for. Enjoy the comfort, dependability and safety of public utilities and build without regard for septic restriction. Lot is currently being reconfigured. New lot size is 2.1 acres. Plat is in Documents
Enjoy the best of both worlds These homesites with valley views offer community living with a little elbow room. Public water and sewer and natural gas utilities provide all of the modern conveniences. The joys of small town living - the local market, bakery, ice cream shop, Hemp's famous butcher shop and Watson's legendary fried chicken are all close by. Commuter routes and shopping are just minutes away. . Enjoy pastural views.
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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