1024 Sycamore Drive
About This Property
4/2 home in sought after Woodsmere in Rockledge is just waiting for you to say I DO. Tile floors throughout, granite countertops and stainless appliances in the kitchen are a cooks dream. Relax by the beautiful inground pool to cool off on those hot summer days. Fenced in yard, and room to entertain on your back patio make this the perfect home for family gatherings.
Nearby parks and a good school district make this a place you will want to call home.
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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