15152 SANTANDER DRIVE
About This Property
It features a two-story foyer, five bedrooms, open floor plan on the main level, and a multi-functional office or sunroom and half bath.
Upstairs has four very good-sized bedrooms, a Jack & Jill full bath attached to two of the four bedrooms, third bedroom has its own full bath. A huge master suit completes with soaking tub, dual vanities, walk in closet. Laundry is on second level for convenience and simplicity, and much more. A total of four bedrooms and three full baths upstairs. On the main level, gourmet kitchen with gas stove, granite counters, cherry cabinets, island has room for 4+ bar seats, walk out to a very private patio with fenced yard and lots of privacy. A fully finished basement with a big bedroom and office combination & full bath. Perfect in-law suite or home office. Walk up to the private back yard. Home has two HVAC units, Gas heat, Automatic irrigation very clean and well-maintained home.
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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%.
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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 Gainesville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017