113 Spikes Circle #LOT04
About This Property
2BA. From the moment you enter this home you will find traditional 8' ceilings throughout vinyl flooring in common and wet areas, and plus carpet in the
bedrooms. The walls have quality paint and interior doors have brushed nickel hardware. The kitchen is open and spacious and has beautiful stained cabinetry. A standard Smart Home package includes a KwikSet keyless entry, Skybell doorbell, automated front porch lighting, an Echo
Dot device, and Quolsys touch panel which can be integrated to control your lighting, thermostat, front door and so much more.
A builder 10 year structural warranty is also included.
Pictures, photographs, floor plans, elevations, features, colors and sizes are approximate for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. For Move-In/Completion Estimates: Ready dates are estimates only. Timing of completion of construction and buyer move-in are subject to contingencies contained in home purchase agreement and governing jurisdictions issuance of a certificate of occupancy, and may change due to forces majeures and other delays or disruptions outside the reasonable control of the Builder
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 22, 2021 | Sold | ||
| Sold | |||
| Sep 10, 2020 | Listed by DR Horton of NWFL LLC | $270,000 | |
| Listed by DR Horton of NWFL LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017