4937 THOMAS DR
About This Property
Extra features include:
- Fully equipped dock with electric boat lift, floating dock perfect for kayaks and paddle boarding and fish cleaning station
- Oversized shed to house all gear for water sport activity
- Conveniently located just a short stroll to Chesapeake Yacht Club with abundant amenities to include pool, clubhouse, tiki bar and social activities .
- Boat to local waterfront restaurants on the West River or watch the Wednesday night sailboat races
- Westelee Community playground, picnic area and dock right down the street
- 2006 Grady White 257 Center Console boat also for sale . Contact listing agent for details.
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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