1379 Mainsail LANE
About This Property
This 1982 Kent RV has been lovingly remodeled, featuring a fresh new kitchen and bathroom, and is ready for you to move in. The spacious home includes 1 bedroom and 1 bath. Outside, you'll find a storage shed, a covered patio area, and two paved parking spots that can also accommodate a golf cart. Low Association fees $155 monthly - fees cover water, sewer, and trash services. NO LOT RENT. Ask about creative owner financing. Call to schedule your private showing!!
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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