824 HALL STREET
About This Property
areas, Largo Central Park, Eagle Lake Park, and more! FRESHLY PAINTED inside with BRAND NEW FLOORING. Open kitchen and living room areas make the home feel more spacious. Stay out of the summer heat with an INDOOR LAUNDRY room. Large storage shed in the fenced in, private backyard with turf for easy yard maintenance. AC replaced in 2021. Located in an unincorporated neighborhood allowing for STR possibility.
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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