511 Decatur Avenue
About This Property
This property shines with potential, offering ample room for customization to suit your lifestyle. Whether you're envisioning a modern oasis or a minimalist retreat, the possibilities are endless. The surrounding neighborhood complements the home's serene setting, providing a peaceful atmosphere for any future developments.
With its spacious lot, the property encourages outdoor activities and landscaping projects. Imagine creating a vibrant garden or an inviting patio area to enjoy warm evenings. Its prime location in the heart of Peekskill ensures you're never far from the area's vibrant culture and amenities.
Seize this opportunity to transform 511 Decatur Avenue into your dream home, where modern elegance meets timeless charm.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017