13821 88TH TERRACE
About This Property
Step inside to find a spacious utility room with built-in cabinetry and extra pantry space, perfect for keeping things organized. The kitchen was thoughtfully renovated in 2015, featuring soft-close drawers, pull-out organizers, and sleek stainless steel appliances. That same year, the HVAC system was replaced, and the roof was updated in 2021 - giving you solid bones and fewer worries.
Out back, the oversized lot offers plenty of space for kids to run around or guests to gather. A sparkling pool and above-ground spa make it easy to enjoy the Florida sunshine year-round. Whether you're looking for a family-friendly home, a vacation retreat, or a long-term rental, this Seminole gem checks all the boxes.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017