5004 PARETE Circle
About This Property
MAIN HOME HAS BEEN UPDATED WITH CH&A AND NEW ROOF. WELL HAS NEW PUMP AND BLADDER TANK. FIREPLACE WITH GAS LOGS IS READY FOR THE COOLER WEATHER. SCENIC POND
OFFERS QUIET, RESTFUL SPOT. SECOND MOBILE HOME ON PROPERTY COULD BE FIXED UP FOR RENTAL OR GUEST. PROPERTY HAS THREE WELLS AND TWO SEPTIC TANKS.
SELLING AS-IS WITH RIGHT TO INSPECT. SELLER'S PROPERTY DISCLOSURE AND SURVEY ON FILE. PHOTOS ARE FORTHCOMING. KITCHEN AND DINING ROOM FLOORS WILL BE REPLACED.THREE COWS ON PROPERTY FOR PURPOSE OF
GREENBELT. ROOM ADDITION NOT INCLUDED IN SQUARE FOOTAGE. BUYER TO VERIFY.
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Cap Rate Calculator
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