1390 Leona DRIVE
About This Property
lot and is located on a street with sidewalks and streetlights. Step inside and fall in love with this light and bright gem, it features two
living areas, a spacious dining room, inside laundry room and a bonus Florida/sunroom. Updates to this home include tile flooring
throughout, hurricane rated impact windows by Simonton, 200 Amp electrical panel, water heater and Leaf Filter gutter guards. The
interior and exterior paint is in top shape as well as the roof featuring 50 year shingles. Step out back and see where this home really shines, there is a covered porch overlooking the pool sized back yard. The pets will enjoy the fully fenced yard and there is a shed for all your lawn storage needs. The lawn has a sprinkler system and is on reclaimed water. This residence is in top shape and will not last long, hurry do not
miss it! NO FLOOD ZONE!! Florida/Sunroom adds 150 sq. ft., bringing total to 1577 sq. ft.
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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