12708 Whitney Meadow WAY
About This Property
The best part, is your electric bill! This property comes fully equipped with solar panels that reduce your electric bill from over $300 a month down to just $55 a month! The solar panels convey with the property and the new owner will have to absorb the remaining balance on the loan. Which will still have your paying less than you would if you had a full electric bill on a monthly basis! HVAC is 2019 and features an electronic air filter for extra clean air. The two-car garage is equipped with a remote pad so that you can always have access to your home even if you forget your house keys! The Avelar community also features a community pool, playground, and beautiful grounds to walk around. The community is located close to many dining options, doctors and highways, making communiting to Tampa or even Orlando a breese!
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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 Riverview
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Currently no similar homes aroundNearby Rentals
$2,500 /mo
- 3 Beds
- 2 Baths
- 1,263 ft²
$2,400 /mo
- 4 Beds
- 2 Baths
- 1,936 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017