948 State Route 41
About This Property
With its generous layout and substantial square footage, the possibilities are endless-create a large single-family residence, design a customized layout, or bring your next investment project to life. Situated in a quiet setting with easy access to local amenities and major roadways, this property offers both space and convenience.
Whether you're looking to renovate, rebuild, or invest, this is your chance to turn opportunity into value. Bring your ideas and unlock what this property can truly become.
Please note: No interior access permitted. Showings are limited to exterior viewing only. Do not enter the property.
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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