142 CODONA GLEN Drive
About This Property
closets. Crown molding in living area.
Master bath with large shower with bench and seamless enclosure. One large master closet, separate water closet. Nice size backyard with lake view. Huge screened lanai with spraycrete finish. Front porch also has spraycrete finish and beautiful leaded glass decorator front door with combo lock. 2 car garage has apoxy flooring. Washer and dryer stay. Laundry room has racks and shelving. Natural gas community. Tankless, gas water heater, gas cooktop, gas dryer and gas heat help make this home very economic to maintain.
Great home for a downsizing couple or family with children. Elementary/intermediate school walking distance. Lots of nearby fields for kids activities. This home will go quick so don't wait to see it.
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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