107 Yellow Pine DRIVE
About This Property
The kitchen is a true showstopper, with soft closed wood cabinets, and a lighted four-window display. There is plenty of storage space, with an island and granite counters. The luxurious master bedroom includes separate sinks, a sitting area, a large walk-in shower, and a walk-in closet. In the living room, you can enjoy the expansive view of the pool and extended deck.
This home is perfectly located in Rotonda West, and there are very few new pool homes available in the area at this price and quality. The home is built on a 65ft wide lot, and offers even more, with alternate interior design, double door entry, square footage increase, elevations, and a 2 car garage. Don't settle, this home has everything you have earned and deserve. Come and see it for yourself today!
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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