22353 Panther LOOP
About This Property
The home is located in the Preserve at Panther Ridge is a vibrant community with "A" rated schools, walking trails, lakes, tennis court, basketball court and playground. LOW HOA AND NO CDD!!!
Improvements: Both A/C units have been replaced in 2020, whole house painted inside and outside, major electric upgrade including new recessed lighting throughout the house, LED bulbs, new switches outlet, robe lights, new tile floors, whole house water treatment system (2021), Water heater (2021), hot water circulation pump (2021), electric cook top (2022), pool control board (refurbished 2022), garage wall unit (2022), new toilet (2022), AC under warrantee till 2025.
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Cap Rate Calculator
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