615 Kaye Ave
About This Property
Calling all home builders, investors, and visionaries! This flat lot in Monaca offers beautiful views, available utilities, and endless possibilities. Build your dream home, develop a duplex to rent or sell, or create a spec home for the market-the choice is yours! With a desirable setting and the groundwork already in place, this property is ready for your next project. Bring your plans and turn this opportunity into something special!
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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