786 HARMONY Drive W
About This Property
This property features over 1400 sq ft., 3 bedrooms, and 2 full bathrooms on a .25 acre lot. Home features some deferred maintenance to include some exterior deterioration, two weak spots in flooring on the interior, and general TLC needed. Home does feature a metal roof.
Property is great for someone who is able to put in a little bit of elbow grease. No interior photos due to seller packing / clutter.
Exterior features include a 1 car carport, covered front porch, screened patio, and finished storage room/addition on rear of 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017