9321 LIBERTY ROAD
About This Property
The main level features 1,514 finished square feet including 3 bedrooms, 1 full bath and 1/2 bath, a spacious living room with a fireplace, dining area, and kitchen. The unfinished basement provides an additional 1,386 square feet ready to be finished for expanded living space, a full bath exists, and plenty of room for canning, and a 2-car garage . The property has a 2 sheds for outside storage.
While the home primarily needs updating, it should qualify for FHA, VA, USDA, or Conventional financing. Estate Sale – Sold As-Is. No exceptions! All inspections are for informational purposes only. There is personal property, trash, and debris, and will be the responsibility of the Buyer to remove.
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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 Frederick
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017