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807 ELDRIDGE
About This Property
Step inside to a spacious living room filled with natural light. The home offers modern updates, including an updated bathroom, luxury vinyl flooring, and central air conditioning. The adjoining dining area flows into a well-appointed kitchen featuring oak cabinetry and stainless steel appliances.
The converted garage provides additional living space and serves as a spacious family room complete with a bar, perfect for entertaining family and friends. A pull-down attic offers ample storage space.
Step outside to enjoy the fully fenced backyard featuring a patio and plenty of level, open space for relaxing, entertaining, or play. Also located in the backyard is a small, insulated retreat with electricity, windows, and storage, making it ideal as a home office, art studio, hobby room, or private workspace.
Conveniently located near I-95, this home offers easy access to New Jersey, Philadelphia, and other surrounding areas, making commuting a breeze.
Don't miss your opportunity to own this wonderful home. Schedule your private tour today!
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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 Fairless Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017