5266 RED HILL DR
About This Property
Already FHA appraised for $380,000.00. Recommend: Cardinal Title Group, title has already been completed. Home inspection completed.
Built in 2009, this beautiful home situated on a quiet street! Light filled floor plan offers wood flooring on main level in living room, dining room, hallway and foyer. Stunning kitchen w/ high end cabinets & stainless-steel appliances. Separate Dining Room. Basement opens to private, level, fences rear yard! Owner's suite w/ private bath, i.e. soaking tub, separate shower and large walk-in closet. Nice size additional bedrooms in basement, full bath, family room and laundry. New septic installed in 2017.
5.2 miles from Naval Support Facility in Indianhead Maryland.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017