1402 LANTERN LIGHT Trail
About This Property
Unwind in your primary bedroom oasis, featuring a walk-in closet and a spa-like bathroom with your choice of a relaxing soak in the tub or a refreshing shower.
Work from home in style and comfort in the dedicated office space, perfect for staying productive and organized.
Host unforgettable gatherings on the expansive screened-in patio, complete with an extended pad - ideal for adding a summer kitchen! Enjoy the peace and quiet of your spacious corner lot, situated on a peaceful street with minimal traffic. Never worry about power outages again with the peace of mind of a whole-house generator fueled by twin LNG tanks onsite.
Embrace the Florida sunshine and reduce your energy costs with the eco-friendly power of your very own solar panel system.
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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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About Clay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017