2833 Longleaf LANE
About This Property
Amazing construction quality in this 3 bedroom 3 and a half bath home. As you enter the foyer you will see an open concept huge family room and formal dining room area, beyond which is your beautiful kitchen, complete with dark wood 42 inch cabinets, and never before used stainless steel appliances. The well appointed master suite has a private bath, and walk in closet. This side of the home also features a separate den/office, nursery or tv room, and an oversized private kitchenette and entertaining area, complete with wet bar and wine cooler. The other side of the home has 2 large bedrooms, both with private updated bathrooms. If you love the outdoors, you will enjoy sitting on your huge outside deck that overlooks an inviting 3/4 acre conservation lot. Wonderful space to entertain friends and family. The Lake St. George Community offers a community lake and dock, COMMUNITY POOL, picnic area and tennis courts. Go to lakestgeorge.org for community overview. Excellent school district and WINNING LOCATION!!.
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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%.
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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 Palm Harbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017