71
Map
145 Tangerine Trail
About This Property
Electric service is underground.
4 true bedrooms, the one on lower level has a private entrance and bath. Primary bedroom is on the top level with it's own bath and custom built-ins in the closet. Plantation shutters.
Living room has tongue and groove ceilings with exposed beams and cupola lighting. The stone wood burning fireplace is a focal point of the room.
Interior laundry room with LG appliances.
2 car garage plus oversized driveway for plenty of parking options. Bring your boat or RV as there is a great space to the side for parking. The gate opening is 14' together with a graveled area of 32.6X11 + brick walkway around 3 sides. Palms for privacy on E. side.
Custom fenced and gated back yard.
Most furniture is negotiable.
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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 Lake Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017