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2893 LONGLEAF RANCH Circle
About This Property
The functional layout offers spacious guest bedrooms and a private primary suite perfect for unwinding at the end of the day. Major updates include a 2019 HVAC system, 2022 roof, and a brand new water heater for added peace of mind.
Step outside to enjoy the screened-in lanai overlooking a generously sized fenced-in backyard with plenty of room to relax, entertain, or let pets play. The detached two car garage with electricity is perfect for a workshop, hobbies, storage, or all your toys and tools.
Conveniently located near shopping, dining, schools, and major roadways, this home offers the perfect blend of comfort and everyday living.
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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