813 Tedder Road SE
About This Property
The main home is a 3 bedroom, 2 bath with almost 1,400 sq ft. You'll love the open layout, plantation shutters, walk-in closet in the master, and stainless steel appliances. Major updates include a new roof (2020) and A/C (2021). Out back, there's a screened porch perfect for relaxing or entertaining. The garage features epoxy floors and its own mini-split system, making it a great spot for a home gym, workshop, or hobby space.
The detached guest home/ADU, built in 2023, offers 1 bedroom, 1 bath, granite countertops, wood-look tile throughout, and its own well and septic system-completely separate from the main house for total privacy. The property is fully fenced and includes a 780 sq ft detached garage plus a shed for extra storage or projects.
This setup is truly one of a kindplenty of space, flexibility, and move-in-ready comfort all in one property!
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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 Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017