21
Map
2254 Spring Creek Circle NE
About This Property
This beautifully maintained home is fully secured with shutters and Guardian backup generator hook up and upgrades throughout. Beautifully tiled throughout and enclosed sun room gives even more living space. This home backs up to the Green space and located just the right distance from the gated entrance.
HOA includes lawn maintenance & sprinkler system using reclaimed water. Community has 2 pools (1 screened in; 1 heated), clubhouse, and available storage for your RV's and boats. Neighborhood has sidewalks and walking trails. This is a must see!
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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 Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017