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1116 Grandview Circle
About This Property
Enjoy a huge backyard, fully fenced-in, spacious covered patio and plenty of space for a pool! Located in the highly coveted, no HOA community of Counterpoint Estates, enjoy all the neighborhood has to offer including several lakes, some with wood dock access, benches and picnic tables, playgrounds, and parks. The largest community park is right on Grandview Circle and features lake access with dock for paddle boating, playground, large gazebo for parties, basketball court, fully fenced dog park, and huge field! Centrally located, enjoy ease of access to Hwy 441, Southern Blvd, the Wellington Mall, and more! Moments from local shopping, entertainment, and restaurants including Calypso Bay Water Park, and Brass Ring Pub Sports Bar, this one is an absolute must see!
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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 Counterpoint Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,000 /mo
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- 1,775 ft²
$10,000 /mo
- 3 Beds
- 2 Baths
- 1,650 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017