8414 THAMES STREET
About This Property
Upstairs, the primary bedroom boasts an expansive, newly added ensuite bathroom. Hardwood floors run throughout the home, adding warmth and character. Enjoy peace of mind with major system upgrades, including a new water heater, new electrical panel, epoxy-coated garage floor, and brand-new sewer and water lines-an uncommon and valuable investment.
Ideally located just minutes from shopping, recreation centers, parks, commuter buses to Tysons and the Pentagon, and the VRE. Don't miss this turnkey opportunity with thoughtful updates inside and out!
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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 West Springfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017