9458 4TH PLACE
About This Property
Charming 3-bedroom, 1.5-bath single family home in a prime Lorton location! Sold as-is yet you can move in with some work and remodel later. Home is dated. Great backyard allows you to add-on, or tear down and build. This light-filled property offers an easy and inviting layout, featuring a bright family room that flows seamlessly into a cozy dining area adjacent to the kitchen-perfect for everyday living and entertaining. Conveniently located near everything, yet feel the serenity of the woods. This home offers privacy with easy access to shopping, restaurants, and commuter routes. Being sold as-is-agent is owner. See survey in documents section of listing
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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 Lorton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017