1090 Spring Oak Drive
About This Property
This 3 bedroom, 2 bathroom concrete block home is priced for you to add your own aesthetics! Enjoy your private chlorine pool with a new heater 2023.
Inside, there is a house water softener system and a reverse osmosis system in the kitchen. The kitchen features oak cabinets and a GAS stove. The open layout, high ceilings, and split floor plan are ideal. LOCATION!! Close to defense contracting companies, shopping, FIT, highway access, and the beach. Roof 2019, Exterior AC unit in 2023, City water and sewer.
Whether you're looking for a primary residence or a solid investment, this home delivers exceptional value-and it won't last at this price.
Schedule your showing today before it's gone!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017