50514 BERMONT Road
About This Property
DRY BUILD ABLE LOT. OTHER HOMES HAVE BEEN BUILT IN NEIGHBORHOOD. PLEASE SEE SNAPSHOT OF SURVEY IN PICTURE.
NOTE: INFORMATION PULLED FROM PUBLIC RECORD AND MAY NOT BE RELIABLE. BUYER TO VERIFY ALL INFORMATION THAT ARE IMPORTANT. SELLER HAS NEVER LIVED ON PROPERTY 5 ACRE MOSTLY DRY EXCEPT A SMALL AREA IN THE BACK WHICH IS LOWLAND. BUY THIS LOT FOR YOUR DREAM HOME. ELECTRIC ON THE MAIN STREET. YOU MAY NEED WELL AND SEPTIC. BRING CASH OFFER ON FL FAR/BAR AS IS. TO BE SOL AS IS.
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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