10554 118th TERRACE
About This Property
Situated in a central location, this home is just a short drive from the beautiful Gulf Coast beaches, offering easy access to sun, sand, and surf. Enjoy nearby amenities, including parks, shopping, and dining options. Conveniently located for commuters, with a straightforward route to Tampa, making it an ideal spot for those who work in the city but prefer a more relaxed suburban lifestyle. This home offers both comfort and practicality in an excellent location. Buyers and agents to verify all facts pertinent to their purchase decision. Information provided is believed to be reliable but is not guaranteed. Room sizes are approximate.
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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