1224 White Oak Circle
About This Property
3 bedroom 2 bath split plan. New
Carpet in the Living room, Family
room and Dining room. Gas log
Fireplace in the living room. New
solid surface counter top in kitchen,
New GE Profile appliances,
Bathroom remodel 2015, Monitored
Security system, 4 Solar Tube sky
lights. Glass 6' sliders (all around) on the screened back porch that opens
to Lake John Boy. This is a petite, natural spring fed lake home to a variety of ducks, cranes, and aquatic life. An East wind softly blows across the lake almost all day long. Note: Lake John Boy is a Non Motor/non-sports lake.
Great location, convenient to I-95, shopping and the beaches.
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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