847 STANSBURY ROAD
About This Property
You will love the barn which has 6 stalls. The barn features electric and water access. In the past the barn provided a rental income of $500 per month per stall, so there may be a potential income source. The rear yard provides two separate fenced spaces in case you wish to separate the animals or family
Come and enjoy the country lifestyle, this home is truly move in ready. Don't miss your chance to own your piece of paradise!
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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