11099 VICTOR DR
About This Property
Outside, enjoy the refreshing salt water pool with an expansive deck to accommodate multiple conversation areas. A fenced garden/hen house is ready for your green thumb or coop dreams. For the car enthusiast, there are two attached garage spaces in addition to a three car detached garage. Currently, the garage is a workshop and has a greenhouse/potting shed.
Enjoy glorious sunsets from the wrap around porch, or sip an evening cocktail on the stone patio listening to the burbling koi pond and waterfall.
Another unique feature is the solar energy used to power the home. Electric bills are minimal with the seller receiving quarterly rebates by selling electricity back to the grid. This program will convey to the new owner.
Quiet and peaceful, it is what country living is all about. Be sure to check out the property video in the listing tour. For a detailed list of features and updates, as well as internet options, please check the documents section of the listing.
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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