1005 DELNOVA LANE
About This Property
Inside, the layout offers great potential to customize with your own style. Washer and dryer convey and were professionally installed. Recent improvements include full-service yard maintenance with front and back cleaning and precision grass trimming, deep cleaning of the front and rear concrete slabs, garage door safety and operational servicing, and replacement of overflow systems in both bathrooms. No HOA and prime location near shopping and dining along Hiawassee Rd. 20 minutes from Downtown Orlando and 30 minutes away from Disney World.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017