14775 WINDING BROOK CT
About This Property
As you step inside, you're greeted by the warmth of hardwood floors that flow through the home and all the bedrooms. The heart of the home is the generous kitchen, featuring granite countertops and convenient bar seating for five, perfect for casual dining or entertaining guests. Step outside onto the large screened porch, complete with pull-down shades, a tranquil retreat to enjoy the outdoors year-round. Easy access to Route 1/Coastal Highway making commuting and exploring the surrounding beach areas is a breeze. Located in the Cape Henlopen School District. Manicured lawn is complemented by an irrigation system and established landscaping. Additionally, the property features geothermal HVAC, ensuring energy-efficient comfort throughout the seasons. Sold furnished, this turnkey home is move in ready.
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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