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1498 Outrigger Circle
About This Property
Luxury Vinyl Throughout Home. This home has Impact windows throughout excluding the front Dining Room window which has electric roll down shutters. Kitchen Features 42in Cabinets, Stainless Appliances, Tile Backsplash, Built In Oven With Electric Cooktop. In ground Pool & Spa with Robotic Vacuum. Gas Heated with inground Propane tank.
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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 Turtle Creek
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$2,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017