2835 LAUREL LEAF DRIVE
About This Property
Unwind in the family room, the enclosed lanai, or the beautifully landscaped backyard. The luxurious master suite includes a spa-like bathroom with a separate walk-in shower, and a generous walk-in closet. The additional three bedrooms are bright and spacious, with the third bedroom featuring an extra walk-in closet. Ample storage is available throughout the home.
Elegant architectural details such as arches, niches, recessed lighting, modern chandeliers, ceiling fans, and 14x14 tile flooring enhance the home's sophisticated appeal. Conveniently located just 15 minutes from Brandon Center, you'll have easy access to shopping, movies, restaurants, and schools, as well as quick connections to I-75 and the Crosstown Expressway.
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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 East County Civic Group
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017