113 Conifer Court
About This Property
The exterior is equally impressive with its charming heirloom brick, irrigation system, and a large screened-in back porch...ideal for relaxing or entertaining year-round.
Offering modern convenience, the Watersound Origins community is located just minutes from the beaches, shopping and dining. Amenities include the Village Commons with resort style swimming pool, fitness center, tennis and pickleball courts, Origins golf course, parks, walking trails & neighborhood dock on Lake Powell. Don't miss this special opportunity!
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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