577 Wheeler Hill Road
About This Property
AO 7/14. Bright and charming 3-bedroom, 1.5-bath ranch in conveniently located near the New Hamburg train station. Featuring hardwood floors throughout, a private level yard with screened-in porch and inground pool, full unfinished basement with egress, this property is ready for your vision. Needs full renovation-perfect for flippers or owner-builders. Cash or rehab-loan buyers only. Unlock exceptional value in today's market!
Sold as is!
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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