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1676 W Ixora Drive W
About This Property
Well maintained and move in ready house in centrally located Ixora Park off Sarno. This house is perfect for entertaining! Open concept, sunken living room, bonus room with mini-bar, outdoor deck and patio. A/C done in 2013, roof in 2004, new back fence this year, indoor laundry, hurricane rated 10x8 shed in the backyard. This one won't last!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017