Doverbrook Estates! Sought after spacious "Lenox" style Garden
unit, carefree one level condo living at well maintained complex
offering inground pool and tennis courts, newer vinyl siding, oak
kitchen with plenty of cabinets and 1st floor laundry, all
appliances remain including the washer & dryer, kitchen sink offers
built in water sterilizer, formal dining room, dining room could
easily be converted to 3rd bedroom if needed, spacious 15X25 living
room with access to private patio overlooking HUGE grassy
courtyard, steps to 1 car garage, unit has a great location in the
complex near inground pool and tennis courts, inground pool area,
newer natural gas boiler (2014), newer wall A/C in living room will
remain, master bedroom offers a sleeve for a 2nd wall A/C unit, off
the beaten path yet close to all area shopping, restaurants & major
routes, complex is FHA approved offering a low 3.5% down payment to
qualified Buyers, immediate occupancy available, must see to
appreciate!
Unit Size
1,086 Ft²
Days on Market
-
Land Size
92.00 acres
Price per sqft
$124
Property Type
Condo
Property Taxes
$162
HOA Dues
$274
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl
Length: 6
Level: First
Width: 9
Level: First
Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
Width: 14
Length: 10
Area: 140
Width: 10
Features: Flooring - Wall to Wall Carpet
Length: 10
Level: First
Area: 100
Length: 15
Level: First
Area: 375
Features: Flooring - Wall to Wall Carpet, Exterior Access
Width: 25
Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
Level: First
Length: 11
Width: 14
Area: 154
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Vinyl, Carpet
Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Rooms: 5
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual, Renovated Since
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Patio
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Area: 92
Lot Size Units: Acres
Lot Size Acres: 92
Zoning: RES CONDO
Parcel Number: M:00W1 P:6073B, 2499286
Water Source: Public
Financial Details
Tax Assessed Value: $106,000
Tax Annual Amount: $1,941
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer
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