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1209 LAKE LOOP
About This Property
The primary suite provides a private retreat, complete with an en-suite bathroom, a walk-in closet, and direct access to the Florida room. Additional functional spaces include a dedicated private office and a fully air-conditioned bonus room with a closet, professionally constructed inside the garage space. Outside, the large yard offers ample space for a pool, while the extra-wide driveway and double-gate side access accommodate boat or RV parking. Major mechanical updates include a roof replaced approximately 6 years ago and a new water heater installed in 2024. Located with quick access to major roadways and featuring no HOA fees, this solid, well-maintained home offers exceptional functionality and everyday convenience.
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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 Jan Phyl Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017