820 Park Street
About This Property
with waterside deck, views up the harbor, approx. 40 foot dock with water & electric available. This ranch home features an expansive great room with wood burning
fireplace, glass doors offering water views & allowing for lots of natural light. The
kitchen is open with a nice size eating area, appliances, snack bar & lots of counter space. Private master has bath w/whirlpool tub. Two car garage with attached 12 x 24 workshop which would also be a nice studio or additional storage. A great permanent residence or a memory maker for you and your family! Perfect location near Oval beach, Chain Ferry, Hiking trails and Mt Baldhead! Property is part of an estate & being sold as is.
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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