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1620 Vista Lake Circle
About This Property
Well Established gated community with community pool. Close to I 95 and shopping and restaurants. Home is well maintained and a large back yard with fruit trees and shade. Nice family room leading out to the screen patio. Large eat in kitchen also with a formal dining room.
Spacious living room with master bedroom and bath, and additional 2 bedrooms separate. Two car attached garage. Yard is fenced. The Home could use some updates, and is priced accordingly, Waiting for that new family to move in. Also a new roof in 11/18
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017