7605 25TH AVENUE
About This Property
Nicely maintained duplex home with pride in ownership. Gleaming hardwood floors on the main level and bedrooms, ceramic tile in the kitchen and basement, granite countertops, and updated kitchen cabinetry, HVAC 2019, water heater 2019, newly remodeled bathrooms, new fully fenced backyard, and the list goes on. The home is located in close proximity to the Unervisity of Maryland, major routes, entertainment, shopping, schools, and more. Easy to show. Any ?? call cheerful/helpful LA.
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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 Chillum
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$6,800 /mo
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$3,600 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017