13852 Meares DRIVE
About This Property
Bedroom, 2 Bath, 2 Car Garage Largo home located in the highly Desirable Deed Restricted Community of Woodlawn
Hills. This Move-In ready, home, features: Updated Kitchen including Granite countertops, Split Bedroom plan, Remodeled master-bath 2019, Living Room, Dining
Room, Florida room, Open Patio /Deck with a built-in Hot Tub, great for entertaining or relaxing and enjoying our
Florida weather. Roof/gutters 2018. AC 2018. Hot water heater 2019. Sprinkler system 2018. All the big items taken care of!! No Flood insurance required. Only minutes to schools, shopping, restaurants, beaches. This is truly an
ideal location if you have a family or looking for a retirement home. A must see!! Hot Tub
has not been used recently and might need to be serviced and repaired. Sold AS IS with right to inspect. All
Room dimensions are estimates.
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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