6519 Timber Lane
About This Property
Remodeled kitchen has unbelievable amount of granite countertops and cabinetry, 2020 top of the line Whirlpool refrigerator, extra sink in island. Complete Security System, Central Vacuum, high ceilings, new window blinds, Samsung w/d. Garage has abundant storage, cabinets and pull-down attic. Quiet Cork wood floors in all bedrooms and closet
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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 Boca Del Mar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017