1724 W Acres DRIVE
About This Property
The home is complete with new flooring throughout, freshly painted walls and tiled bathroom, as well as new appliances, countertops, and cabinets in the kitchen. The breakfast bar is located by the french doors that lead out into the back screened porch. The backyard is fenced in and is the perfect place to entertain a cookout or fire with friends and family.
Welcome home to Saint Cloud!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017