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11284 162nd Place N
About This Property
This residence is equipped with modern conveniences including a sprinkler system to maintain the vibrant landscape effortlessly, and two A/C units ensuring optimal climate control throughout the home.
In addition, the property features an oversized 3-car garage, providing ample space for vehicles, storage, and hobbies. It also boasts two gated entrances, providing both security and exclusivity.
With its prime location in Jupiter Farms, this property offers the perfect blend of tranquility and convenience. Enjoy the peace and quiet of country living while still being just a short drive away from shops, restaurants, and all that the area has to offer.
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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 Jupiter Farms
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$5,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017