10576 113th AVENUE
About This Property
provide added security and peace of mind during Florida's storm season. The house also includes solar panels,
which are an excellent investment for anyone looking to reduce their energy bills and cost of living. The 2018
air conditioning system ensures that the home stays cool and comfortable year-round, regardless of the
weather outside. The main bathroom has been recently updated, providing a modern and fresh feel to the
space. Additionally, the property has ample parking for a boat or RV.
This home offers an excellent opportunity for anyone looking for a comfortable living space, with opportunity
to create your own touch. Its location also provides easy access to a range of amenities, including shopping
centers, restaurants, parks, and beaches.
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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 Orange Lake Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017