6701 BRACKEN COURT
About This Property
Conveniently located near shops, restaurants, and supermarkets, with easy access to I-495 and I-395. Approximately 30 minutes to Washington, D.C. Located within the desirable West Springfield High School pyramid. Great opportunity for those ready to unlock value in a sought-after area!
ROOF 2021, HVAC 2016, WATER HEATER 2016, WASHER/DRYER 2021 AND COOK RANGE 2024
Property is being sold strictly AS-IS. Seller will make no repairs.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017