5972 BLACKTHORN Road
About This Property
Stunning concrete block fortress on the corner of Wesconnett and Blackthorn, with entrances from both roads. This home would be perfect for a business owner with commercial vehicles. The Wesconnett entrance has a remote opening 12 foot fence that leads to significant parking for all your needs. An extremely large shed with electricity is perfect to store your tools and supplies. For covered parking there is a multiple car garage and a carport. Fully fenced in property both front and back. The interior boasts a spacious and well laid out floor plan, with a separate master suite. The kitchen, which sits in the center of the floor plan, is perfect for entertaining guests. Separate master bedroom suite. Too much greatness to list...this is a must see
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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