13720 151st Lane N
About This Property
counters and stainless steel appliances. Kitchen overlooks a spacious family room. Volume ceilings, crown moldings throughout and custom bookcases in living room and den. Custom tile inlays in foyer, living room and kitchen. The large master suite features walk-in closet, his and her vanities, separate shower and large roman tub. A/C replaced in 2015 and hot water heater replaced in 2018. Completely fenced and private, 2 gates and concrete drive perfect for your boat and or RV. Nicely landscaped. All sizes are approximate.
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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%.
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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 Jupiter Farms
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017