4878 Old Williamsburg Road
About This Property
The kitchen is equipped with GE appliances and granite countertops. Outside, there is a workshop with power, a carport, and a detached shed. The property sits on a beautiful, one-acre lot that provides privacy and a serene atmosphere.
The newer Bosch 18 seer heat pump ensures efficient heating and cooling, while the electrical service with a generator plug provides backup power during power outages. The roof is also newer, adding to the overall low-maintenance appeal of the property.
Overall, this home is a great option for those looking for a private retreat that is still close to major transportation routes. The recent updates and low-maintenance features make it an attractive option for those seeking a move-in ready property.
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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