134 LANTANA DRIVE
About This Property
hobby space - with access to a full hall bath complete with a tub. Additional highlights include a separate laundry room with washer and dryer, and a two-car garage for added convenience. This exceptional home is located in a community rich with amenities, including two clubhouses, a swimming pool, fitness center, library, sauna, tennis, pickleball, and bocce courts, garden plots, and walking trails among 31 acres of
common grounds, 19 acres of preserved wetlands, and a scenic two-acre pond. The community also offers a full calendar of social activities and events. All of this is just minutes from the charming town of Kennett Square, known for its unique shops, restaurants, and cultural attractions - and with easy access to
Longwood Gardens, the Brandywine Valley, and major highways.
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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