207 LONGHORN DRIVE
About This Property
Convenient access to 2 resort pools, Hot Tubs, restrooms/showers, and laundry facilities;
Activities offered in RV Resort: Tennis Courts, Pickleball Court, Bocce Ball, Shuffleboard;
Adjacent to the Westgate River Ranch Resort & Rodeo, residents can enjoy on-site eateries and activities. (RRRV Owners currently receive a discount at most on site eateries with proof of ownership) Lot Purchase Requires a 1x Capital Contribution Fee in the Amount of $1,750.00 paid to the HOA at Closing
Disclaimer: All information deemed reliable but not guaranteed. Buyer to verify all information to their satisfaction.
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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