1101 Hickory Trail
About This Property
Beautiful, corner lot, single family home located on cul-de-sac in quiet Wellington community. No HOA!! This gorgeous home features a fully upgraded kitchen,
including high end stainless steel appliances, granite countertops and large picture window overlooking your private pool. Remodeled master bath with dual, vanity sink and large walk in shower. New wood laminate flooring and recessed lighting throughout. This large, fully fenced, corner lot contains a spacious yard, water feature, covered patio and private pool. The lot also includes a double entry gate perfect for your boat or horse trailer!
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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 South Shore of Wellington
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$6,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017