7062 PINE RIDGE RD ROAD
About This Property
One of the biggest highlights is that most of the home has been updated within the past ten years, giving you the character of an established home with many of the improvements already taken care of.
Outside, you'll find a welcoming covered front porch, mature shade trees, an attached one-car garage, and a manageable yard with plenty of room to enjoy without spending every weekend maintaining it.
Located in South Beechwood, one of Easton's most desirable established neighborhoods, the home is just minutes from downtown Easton, shopping, dining, and everything the Mid-Shore has to offer. 7062 Pine Ridge Road offers a great combination of location, one-level living, and thoughtful updates in a neighborhood where homes are always in demand
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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