232 MOSES CREEK Boulevard
About This Property
The community of Moses Creek Estates is known for hosting monthly events and is a highly sought after community. The property also benefits from professional landscaping, including beautiful palm trees that enhance its curb appeal. It's worth noting that a new roof is coming, which will provide added value and peace of mind. The HVAC system is only 4 years old, and the water heater is 3 years old, indicating recent updates to essential systems in the home.
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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