69 Layton Avenue
About This Property
Outside, enjoy a younger architectural shingle roof (2015), a new composite deck (2026), a generously sized fenced-in backyard, and a 1-car detached garage. Centrally located just minutes from UB South Campus, expressways, the airport, and the Village of Williamsville, with shopping and dining nearby on Niagara Falls Blvd. Any offers received will be reviewed on Tuesday, September 29th at 1 PM.
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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