5101 Beckton Road
About This Property
The home features some repair needs, making it an ideal opportunity for those who love a good DIY challenge. Think of it as a solid foundation to build upon!
When you're done fixing up, relax at the Maple Ridge Clubhouse with access to the resort-style pool, state-of-the-art gym, sauna, club rooms, and activities! Ave Maria was ranked #16 among master-planned communities in the US and offers numerous amenities such as a town center with various events throughout the year, Ave Maria University with conferences and plays, a water park, trails, shopping, dining, dog parks, community parks, pickleball, tennis, golf, and more.
This home is offering you the chance to create something uniquely yours. Perfect for those who see potential in every creak and leak, this property is ready to be transformed into your dream home. So, roll up your sleeves, grab your toolbelt, and come take a look at this diamond in the rough. After all, every great story starts with a little chaos!
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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.
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About Corkscrew
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017