2408 RIDGEWAY DRIVE
About This Property
the neighboring homes for sale in nearby communities. Sits on a large lot 0.35 Acre. Home features new tiles floors throughout, 1 year old A/C
System, New architectural roof, new backs-splash in kitchen, Vaulted Ceilings, Plenty of architectural features and recently painted walls. This
spacious and open floor-plan is well suited for a family of 4-7. Located minutes away from Disney world, New Valencia Community college,
Hospitals, Shopping, Entertainment, Orlando International MCO Airport. Home will sell fast. Call now to book your private showing
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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 Windmill Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017