6020 TILGHMAN AVE
About This Property
within walking distance to the Country Store, restaurants, marinas, sunset park and all the
island has to offer. This home is set on a 3'poured concrete foundation with a clean and dry
crawl space. A full length generous front porch, a handicap accessible ramp to the side entrance,
large carport, 12' x 24' shed with its own 100 amp electric service and new roof.
The First floor master suite has a large soaking tub and shower with walk in closet. There is a hallway
½ bath and laundry combo on the first floor as well as a walk-in pantry. Open floor plan large dining and kitchen area with many recent upgrades.
The sunroom offers an abundance natural light and a wood stove insert in the fireplace. The open staircase to the 2 nd floor loft area/bedroom/office with full bath and 3 rd bedroom has open shelving and a
large closet.
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Cap Rate Calculator
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