1330 NE 41st Dr
About This Property
Renovated modern style 3/1 house. (Please check with agent about the bonus room) Luxury vinyl flooring throughout, with updated bathroom & fixtures. The kitchen is spacious and open with updated appliances (dishwasher & microwave are brand new). Along with an almost new washer & dryer. Permitted roof was newly completed in 2023, a new tankless water heater and the AC is a newer unit along with the two new mini split AC.. The house has a nice size backyard with plenty of space to enjoy.
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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 Pompano Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017