2838 Tamiami Trail
About This Property
In Cherokee Bend we have a 4/2 home with 1942 square feet! This home has and open concept with a split floor plan. The kitchen has plenty of cabinet space with a pantry and an island and has a view to the living room and off the kitchen is the formal dining room. The master bedroom is off the living room and the master suite is oversized and has a walk in closest and double vanity. The back yard is large and is completely fenced in. HVAC replaced May 2022
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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