49 Mortimer Avenue
About This Property
Babylon Village offers, highly rated restaurants, formal and casual eateries, trendy cafes. A vibrant and bustling Downtown filled with fine boutiques, unique shopping, Argyle Lake Park, Southards Pond. Argyle Theatre--Musicals, Concerts, and Comedy Acts. Babylon Village Pool, "A JEWEL ON THE BAY" with stunning views of the Great South Bay. A 9 Par Golf Course. The LIRR, and so much more!!! THIS IS A COMMUNITY, filled with lots of social events, throughout the year. BABYLON VILLAGE IS A LIFESTYLE OF ITS OWN!! BABYLON VILLAGE SCHOOLS,. LOW TAXES!!! TOWN-$8768.-- VILLAGE-$1378.88-- TOTAL $10146.88
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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