17790 SE 125TH CIRCLE
About This Property
Kitchen features granite counters, appliances ~1 year old, walk-in pantry with pull-outs. Primary suite has plantation shutters and an upgraded en-suite with quartz, garden tub, and walk-in shower. Den/office with glass double doors; second bedroom has walk-in closet and upgraded handicap-accessible bath.
Enclosed tile lanai with kitchenette, screened epoxy-floor garage with motorized screen and golf cart space, 2023 roof, owned 26 solar panel with a $30 electric bill a month, 5-yr AC, 3-yr water heater, Anderson double-pane windows. 2013 golf cart negotiable.
Walking distance to community pool and pickleball, in a quiet section of Stonecrest with no crowding homes.
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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