1452 TINTERN Lane
About This Property
The home itself? Solid as a rock, with great bones and endless potential. It's ready for someone with a vision to come in and make it shine. Imagine fresh paint in the colors of your choice, new flooring to match your style, and voila-you've got a showstopper. The layout is functional and family-friendly, with plenty of natural light pouring in through large windows that frame views of the pool and backyard. The screened pool is the centerpiece of your outdoor space. Whether you're hosting weekend barbecues, cooling off after a round of golf or just floating under the Florida sun, this pool is your personal oasis. The backyard is spacious and private, with room for gardening, play, or even an outdoor kitchen. All of this is priced at just $450,000. In a market like this, in a community like this, that's a rare find. It's the perfect opportunity for someone looking to get into a premier neighborhood without breaking the bank. With a little TLC, this home could easily become your dream home. What do you think? Ready to take a swing at this one?
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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 St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017