4911 Chickpea Street
About This Property
Incredible custom and upgraded mobile home on 1.14 sloping, wooded lot with fruit trees and bushes (apple, peaches, rasberries). Over 2000 sq feet, 8x10 storage shed with ac, 10x16 powered workshop, gas fireplace, artesian well, custom master closet, down draft cook top in kitchen, garden tub with separate shower, commercial grade vinyl flooring with a hardwood look, 20x40x10 RV Capable Carport, fully chain link fenced. Front porch and covered back patio. This house is a must-see.
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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