2154 OAK TRAIL Lane
About This Property
A NLandscaping has been maintained and adds character to the lot and house. The kitchen has a beautiful tiled back splash under all the cabinets AND continues around a portion of the counter. The kitchen boasts a spacious tiled, eat-in room. The dining & living room are combined but are both large rooms. The master bedroom has an en-suite bathroom with double sinks and a separate shower. Back porch is covered and screened and the back yard is partially fenced. Enjoy your morning coffee, bird watching from the screened porch. The laundry room has cabinets mounted above the washer and dryer. Inside the (2) car garage is a utility sink & additional mounted cabinet
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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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About Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017