7703 NEWCASTLE DRIVE
About This Property
A great deck with TREX HORIZONTAL SURFACES. with Sunsetter Electric retractable awning over the deck. New Roof with 50-year Warranty. Added Paver Walkway from driveway to back Patio added front landscaping. Added Paver front walkway to street. Installed leaf filter gutter guards.
More list inside of the house. Do not miss out on this wonderful well care for home.
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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