6009 CORBIN ROAD
About This Property
THE RECENT IMPROVEMENTS HAVE BEEN DONE TO ENHANCE A PREVIOUS RENOVATION COMPLETED ON THE HOME LESS THAN A DECADE EARLIER. THE LARGE KITCHEN HAS CHERRY CABINETRY, GRANITE COUNTERTOPS AND STAINLESS APPLIANCES. THE HOME HAS THREE BEDROOMS, THREE FULL RENOVATED BATHS AND ONE FIRST FLOOR HALF BATH. IT HAS A LARGE FINISHED WALK-OUT BASEMENT. THERE IS A SEPARATE SPACIOUS PRIVATE HOME OFFICE OFF OF THE MAIN LIVING SPACE ON THE FIRST FLOOR. THE HOME IS IN PRISTINE CONDITION AND MOVE-IN-READY. YOU MUST SEE THE VIRTUAL TOUR TO APPRECIATE STYLE AND CONDITION.
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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 Bethesda
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017