2802 112th TERRACE E
About This Property
You will love the lot, location, positioning of this home, and the curb appeal it has. Lovely elevated drive with side load carriage garage. 2 towering oaks, terraced landscape, mango trees, landscape lighting, and hands free exterior electrical. This property has something no other property in River Woods likely has, a deep well for irrigation. Save HUNDRED$ per month and THOU$AND$ per year on water. Overhead storage in the garage, workshop area, fenced in yard, koi pond with waterfall, powder coated shade sail poles, Manor wall and fire pit paver area. Totally secluded and amazing back yard. River Woods in an intimate community that has a gorgeous setting, low HOA fees, No CDD fees, and great amenities including a community pool, tennis courts and more. Make the most of this opportunity, schedule your private showing and sign on the dotted line before its too late.
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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