19126 SE Mayo Drive
About This Property
Brand new 3D roof, vinyl windows, landscaping; all new doors; kitchen cabinets - plywood box w/soft close drawers; granite counter tops w/stainless steel under mount sink; stainless steel appliances; 24x24 rectified tile in kitchen and engineered wood floor through out (no carpets). This house was converted from 3/1 to 2/2 with large master suite; walk in closet and brand new master bathroom with double vanities. New plumbing; new electrical with new 120 box. Painted inside and out. Inground pool, oversized fenced back yard.Must see this home!
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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 Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017