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27727 LOIS DRIVE
About This Property
offering additional living space for guests, hobbies, or a home office. A massive utility room with its own exterior door provides endless possibilities--think crafting studio, workshop, extra storage, or whatever your creativity inspires. Outside, a beautiful sprawling oak tree frames the property and creates a stunning natural backdrop to the waterfront setting. Two sheds sit across the property line and can easily be removed or separated if desired. Wait! There's more! An adjoining lot is available for purchase separately, giving you the chance to double your footprint, expand your outdoor space, or simply enjoy extra privacy under the canopy of those gorgeous oaks. Bring the boat, soak in the peaceful surroundings, and enjoy the sights and sounds of nature that make the Harris Chain of Lakes such a special place to live and explore. Room sizes are approximate; all information intended to be accurate but cannot be guaranteed.
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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