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89 Leversee Road
About This Property
Charm galore in this story book spacious cape! Hardwood floors, brick fireplace, French doors- just to name a few. Bring this back deck back to life and overlook your half an acre fully fenced in yard-A Puppy's paradise. Home is ready to be restored and loved by new owners. Needs a little TLC but good bones and NEW roof & water heater. At this price point and condition it is the perfect opportunity for a flip!! A MUST SEE. Schedule your showing today.
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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