7433 GRACE ST
About This Property
Just a short drive away, you'll discover a variety of shopping and dining options. Commuting to the Pentagon or Belvoir is effortless with a quick drive to the beltway, and multiple bus options offer convenient transportation options. With its inviting features, spacious yard, and convenient location, this property offers a delightful place to call home!
Updates by current owners include: New Roof (2023), AC Compressor (2023), Oven (2023), Full sewer line replacement (2024), Washer (2024) 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 Springfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017