264 Magellan DRIVE
About This Property
Heater/ New Windows/ New Sliding Door/ Ceramic Tiles/. This FANTASTIC Three-bedroom home is nestled in the highly desirable, just 45 minutes from all Major theme parks. This BEAUTIFUL 3 bed 2 bath home is located only a few short minutes from Poinciana Medical Center, Walmart and the YMCA fitness center. A must-see home with a large Fenced backyard, perfect for entertaining friends and family. This split plan home has a newer roof & A/C, so you can purchase with confidence. The home is beautifully laid out with its large family room and a large separate dining area, wonderful for hosting. Don't miss out of this cozy gem. CALL TODAY!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017