141 Rushing Springs Lane
About This Property
Located just a short, three-minute golf cart ride from the club, this property provides the perfect blend of privacy & convenience. The central location makes it easy to access all the amenities the Plateau has to offer: 15 minutes to Cashiers, 30 minutes to Highlands, & 1 hour to Asheville Airport.
Burlingame is known for its friendly community atmosphere & Sapphire has a wealth of activities, including hiking, boating, art shows, farmers' markets, and live music. Whether you're an avid golfer or simply looking to embrace an active, outdoor lifestyle, this home offers the ideal setting.
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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