27
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7699 Greenboro Drive
About This Property
''More'' for Buyer info and See attachments/documents. EZ to Show. Calendar Days 1-7: All offers will be rejected. We want REOs to have exposure to the market and potential buyers. The date the property is listed is counted as Day 1.Calendar Days 8-15: PAS will entertain offers from all buyers except buyers purchasing as a secondary residence or investors. Note: Non-profits purchasing vacant lots will also be considered during calendar days 8-15. Calendar Days 16+: We will entertain offers from all buyers once all offers received days 8-15 have been fully vetted. Buyers should obtain a free prequalification letter from Wells Fargo Home Mortgage or an entity which is a joint venture with WFHM by working directly with a mortgage consultant or going online at www.wellsfargo.com. Buyers also have the option to provide proof of other credit decisioned financing or a NACA Qualification Letter.
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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 Hunters Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017