16 RYECREST LANE
About This Property
Designed with functionality and style in mind, the home is filled with natural light from energy-efficient windows, creating a bright and inviting atmosphere. A dedicated laundry room adds convenience, while the spacious backyard allows for endless outdoor possibilities, from gardening to future pool installation. Best of all, this home comes with no HOA fees, giving homeowners more freedom and flexibility.
Located in a peaceful, family-friendly neighborhood, this property is just minutes from top-rated schools, shopping centers, restaurants, parks, and the beautiful beaches of Flagler County. Easy access to I-95 ensures a smooth commute. Don't miss out on this move-in-ready home-schedule your showing today and make 16 Ryecrest Lane yours!
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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 Lehigh Woods
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017