13904 GETTIS LEE ROAD
About This Property
Enjoy your morning coffee or unwind in the evenings on the screened-in lanai, overlooking your private pond and fenced property (cattle fencing on three sides). A large separate shed provides ample storage or workshop space, and a two-car garage ensures plenty of room for vehicles and toys. The chef's kitchen is a showstopper, featuring high-end appliances, a stunning oversized copper sink, and a walk-in pantry. Additional premium upgrades include impact-resistant windows and doors for peace of mind, a tankless water heater, upgraded well pump, whole-house water treatment system, a generator plug-in for added convenience, surge protector on electric panel, custom window treatments, and a central vacuum system for effortless cleaning. This home is conveniently located within miles to health care, schools, and the Gateway Commons shopping center near the Moccasin Wallow exit off Interstate 75.
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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