93 Gull Dip Road
About This Property
The finished basement adds valuable bonus space and can work well for a playroom, media room, gym, or home office setup. The attic also offers added flexibility for storage or creative use, depending on your needs.
Outside is where this property really stands apart. Set on a deep 100 x 600 lot, the home includes an in-ground pool, deck, front porch, and plenty of open space to enjoy. Whether you want more privacy, room for horses, room to entertain, or simply more land, this property delivers.
Located in Ridge within the Longwood School District, this home gives you a chance to own a spacious property with indoor comfort and outdoor value.
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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