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188 MOBILE AVENUE
About This Property
This property offers a versatile layout and features a DETACHED GUEST SUITE with its own bathroom, providing the perfect space for guests, a private home office, additional living space, or the potential for income-producing opportunities. The spacious FULLY FENCED yard offers endless room to entertain, relax, or create your own outdoor oasis, while the covered carport and oversized driveway provide plenty of parking.
Enjoy the freedom of NO HOA. Conveniently located within the highly sought-after Seminole County School district, this one-of-a-kind property is packed with potential and is ready for its next owner. Schedule your showing today before this opportunity is gone!
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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