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Map
11780 MANDARIN FOREST Drive
About This Property
This home has been thoughtfully updated over the years, giving the next owner peace of mind from day one. Major improvements include a new roof (24), garage door (24), electrical panel (23), newer air conditioning system, paid off solar panels, added attic insulation, pool pump, 2 water heaters including one hybrid unit, water softener, & extensive tree removal in both the front & back yards.
Inside, you'll find updated flooring, a renovated bathrooms, built in closet systems, a custom kitchen pantry, updated light fixtures, new baseboards, central vacuum, & a screened pool enclosure. With so many big ticket items already completed, you can spend less time worrying about maintenance & more time enjoying everything this property has to offer. Be sure to review the complete list of updates and improvements.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017