5832 GEORGE HODGES Road
About This Property
Inside, fresh paint throughout creates a bright, welcoming atmosphere, while the sun-filled Florida room invites you to linger over morning coffee, gather with family, or simply watch the seasons change. Plumbing and electrical have been recently updated, blending the character of an established home with important modern improvements. A detached brick two-car garage adds versatility for vehicles, storage, hobbies, or a workshop.
The seller is offering a new roof with an accepted contract.
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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