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2134 DEANNA DRIVE
About This Property
Adding even more value, the City of Apopka is currently installing main sewer lines in the area, providing homeowners the opportunity to transition away from septic systems. Whether you're an investor, flipper, or buyer looking to customize a home to your taste, this property offers a strong foundation with plenty of upside potential. Conveniently located near shopping, dining, major roadways, and everything Apopka has to offer.
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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