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1748 Windbrook Drive SE
About This Property
Simply beautiful, Brick on Block 4 bedroom (4th currently an office) 3 bath pool home (pool built in 2018) situated in sought after Summerfield of Bayside Lakes. Plenty of room to spread out in this family friendly split plan with both family room and living room to accommodate everyone. Central kitchen with breakfast nook overlooks the brand new screened pool and bonus hot tub/spa stays too!
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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 Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017