6104 W 7TH Manor
About This Property
Here it is! This 2006 home features a split plan, wood burning fireplace, built in entertainment center, separate dining area and breakfast area, large kitchen with plenty of cabinets, sheetrock walls, laminate flooring, walk in closets & new carpet in third bedroom/office with access to the deck where you can enjoy the outdoors! Home was set up on a concrete slab and is on the Hospital Grid for power which is a plus! Must see! 2020 Real Estate Taxes = $2,066
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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