120 Raintree CIRCLE
About This Property
Recent updates include exterior paint, water heater, lanai re-screened. Charming community with low HOA fees includes lawn, shrubs and community pool. The tiled lanai is private and peaceful overlooking the garden view. Home has upgraded plantation shutters and located just steps to the community pool. Furnishings negotiable. Call agent for gate access.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017