1600 NW 19th CIRCLE
About This Property
and centrally located close to shops, parks, restaurants and schools. It's just a trip West on
39th Avenue to Santa Fe College and a few miles to famous Gainesville Health and Fitness or NFRMC.
Easy maintenance with solid surface floors plus the bedrooms are all on the first floor. A big
screen porch adds additional living space where you can enjoy your coffee in the morning and
perhaps an adult beverage in the evening. A big dining area is a plus and the kitchen also has an
eat in space. Cumberland Circle has a gorgeous pool, bocce court, and tennis. You will love the
easy walking loop in the neighborhood. Come and see it today!
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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 Gainesville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017