14596 Horseshoe Trace
About This Property
Not only will you feel pride of ownership but also peace of mind when you call this house your home. Custom details abound from the volume ceilings to the tiled floors in the living areas and Black Cherry laminated wood floors in the bedrooms. The exterior garage door and front doors have been customized to reflect the beautiful cabinet work in the kitchen and bathrooms. Attached documents for your perusal include a survey that shows the large pie-shaped lot that has plenty of room for a large pool. Also attached are the specifications of the home and a floor plan.
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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 Sugar Pond Manor of Wellington
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$10,000 /mo
- 5 Beds
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- 2,317 ft²
$8,500 /mo
- 3 Beds
- 2 Baths
- 2,374 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017