6984 RAPID RIVER Drive W
About This Property
This turn key home feels like a new build that's ready for you now! A/c is new as well as water heater! Home has a new fresh coat of paint inside and out! Beautiful and easy to maintain wood look flooring throughout the entire home has brown and gray tones that will go with all your furniture and decor! Kitchen and baths have both been updated as well. Preserve view provides privacy in your back yard. Home also includes washer and dryer!
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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