8141 OLD WATERLOO RD
About This Property
UNDER CONSTRUCTION - The SUSSEX Model on this 5 acre lot very close to the Town of Warrenton. THE LOT IS VERY PRIVATE., RIMMED WITH TREES WHICH OFFERS A GREAT BUFFER AND PRIVACY, OPEN IN THE INTERIOR. Buyer may make changes to the plan to suit or choose another model. Home features a front porch and offers 4 BR's, 2.5 BA's, full unfinished basement with rough in plumbing for future expansion and 2 car gar. Open concept, great room open to kitchen. Kitchen boasts an island, granite counter tops, Blanco granite composite kitchen sink, maple cabinets. Luxury Vinyl Plank flooring (LVP) in kitchen, baths, foyer, powder room and laundry room. Quality construction, builder allows CUSTOMIZATION to the floor plans or will allow the buyer to select an a different plan. No charge for modifying plans unless you add square footage or cabinetry/counter tops. If the buyer uses 1 of the Preferred Lenders and uses designated title company, buyer is credited $3,500 towards closing costs, at closing. Check out our standard features attached here. No HOA. SOME OPTIONS SHOWN IN PHOTOS MAY NOT BE INCLUDED IN BASE PRICE. WE HAVE HOMES UNDER CONSTUCTION AT A NOTHER LOCATION WE CAN SHOW.
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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