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7418 BLACKFORD STREET
About This Property
Enjoy additional living space in the large sunroom addition overlooking the spacious, fully fenced backyard with lush green grass, perfect for entertaining, pets, or play. The carport includes useful attic storage space, and two storage sheds provide even more room for tools and equipment.
Conveniently located inside the Beltway, this home is just a short distance to shopping and dining and within walking distance to Lake Accotink, offering trails, kayaks, paddle boats, a carousel, and more.
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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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About North Springfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017