12623 Hicks ROAD
About This Property
An entire NEW kitchen appliance package was added in 2018 as well as ceramic tile on the floor and into the pantry. so be ready to start cook and entertain your friends and family! The large kitchen pantry is completely CUSTOMIZABLE with shelves that can move to fit your organizational needs!
Take a step out of the double French doors to your fully enclosed screened in patio area, offering a full view of the large, private backyard. The yard also is equipped with a charming fire pit area for enjoying cooler Florida nights. Enter the tranquil master bedroom that has too been FULLY updated and includes three large, customizable wardrobes: no lack of storage options here!! In 2022, the master bathroom was also updated, some highlights include, octagon tile flooring, a stand-alone CLAW FOOT soaking tub, new vanity, and a reclaimed wooden ACCENT WALL- a must see!! The two additional bedrooms sit conveniently across the house, along with a shared updated full guest bathroom. This home is definitely MOVE in ready!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017