1420 N Sylvan Point
About This Property
This well-maintained home features a spacious Florida room, screened room, carport, and three open covered patios-perfect for relaxing or entertaining. Two storage sheds offer plenty of space for tools and gear. Located just minutes from the Tsala Apopka chain of lakes, enjoy easy access to boating and fishing.
Partially furnished and move-in ready, the home includes a refrigerator, electric stove, washer, and dryer. Nestled in a quiet, friendly neighborhood close to town conveniences. THIS IS REAL PROPERTY NOT A MOBILE HOME PARK!
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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 Hernando
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017