612 TWIN BROOK LN
About This Property
with recessed lights, wood stove, new carpet and pad and fresh paint throughout. The plumbing, electrical and HVAC are new, as well as the hot water heater. The septic tanks and sewer lines into the home are new and the well and well tank are new. There is ample storage in the unfinished area of the basement and the areaway exit door, bilco door cover and side door from the carport are brand new. The property also boasts .72 acres, a 24'x24' two car detached garage, 30' x 27' attached carport with space for 2 cars, a storage barn with floored attic space, shed and gutter guards. This one won't last long!
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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