Block 52 Lot 14 PARK BLVD
About This Property
This is a gated community, so you need to enter at the guard shack. Entry is not permitted without ID per the office rules. Bring IDs to the office or guard shack for visitor pass. THIS IS A SEASONAL CAMPGROUND! OPEN FROM APRIL 1 TO NOVEMBER 1. ** WELCOME TO RIVER BEND/SEASONAL LOT AVAILABLE TURNKEY** River Bend is a privately owned 400 acres recreational- vehicle camp resort with seasonal activities for members, families and guests. This great RV park is tucked away on the Upper Potomac River of West Virginia; River Bend is one of West Virginia's most popular family seasonal destinations. Just a short drive from the Washington and Baltimore metro area. Open with utilities from April 1 to November 1. Lot owners have access to their property the entire year. *** Members Enjoy *** * Amazing views and wildlife, Potomac River access, Trails, Swimming pools, Mini-Golf, Youth center, Tennis and basketball courts, laundry facilities, convenience store, deli and lounge. *Bath houses throughout the park, boat ramp, bar and grill and even a church located on the grounds. River Bend also hosts numerous activities such as 4th of July fireworks, small carnival, bonfires, poker runs, horseshoe tournaments, car show, Halloween Trick or Treat and so much more.
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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 Berkeley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017