8240 NORTHVIEW RD
About This Property
Waterfront Oasis was built in 2001. Private Boat Ramp! The interior features 2 Stories, 3 Beds, and 2.5 Baths. Carpeted Flooring and Vinyl Tiles throughout. The Main Level features a carpeted Living Room with an Electric Fireplace. The Kitchen has all the needed appliances. Plenty of counter space and cabinetry. The Rear Glass Sliding Door by the Kitchen goes directly to the 3 Season Screened Porch. A Half Bath on the Main Level. The Upper Level has the Primary Bedroom (fully carpeted) with En suite Bathroom. 2 Fully Carpeted Bedrooms and 1 Full Bath. The Exterior boasts a Trex Deck with 3 Benches and 2 Flower Boxes - perfect for sunbathing. A 44 ft. Dock with an Electric Boat Lift + Lights. 3' Low Mean Water. Spacious Backyard overlooking the water. A Storage Shed near the private pier.
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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%.
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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 Dundalk
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,850 /mo
- 3 Beds
- 1 Bath
- 1,320 ft²
$2,000 /mo
- 3 Beds
- 1 Bath
- 1,080 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017