6840 STANDISH DRIVE
About This Property
Investor Special!! Great opportunity for investors or handy buyers! This 3-bedroom, 2-bath single-family home is being sold as-is, with tons of potential to update and increase value. The layout features two bedrooms on the main level and a third bedroom upstairs.
The home comes equipped with solar panels. Situated on a decent-sized lot, this property is ideal for a rental, flip, or long-term investment. Bring your vision and make it shine!
Sold As-Is.
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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