2894 Brookwood Drive
About This Property
The neighborhood is true old Florida filled with mature oak trees. INTERIOR: Step into a welcoming tiled foyer and then into the formal living room with laminate wood floors. Formal dining room has the same laminate wood floor, chair railing, and textured walls. Family room has brick surround fireplace. The kitchen is a dream with granite counters, breakfast bar, tiled floors, custom pantry style cabinets with slide outs and designed for maximum storage, and stainless appliances that are only 4 yrs old. The kitchen overlooks the family room with its brick wood burning fireplace, wood laminate plank flooring, crown molding and built-in shelves. French doors provide nice views of the pool. There are four bedrooms and the fourth bedroom is perfect for an office or exercise room. The guest bathroom is beautiful with custom designed tiled floor and highboy vanity with cultured marble top. Nice large master with walk-in closet, master bath, and French doors leading to patio and pool area. The pool and patio are screened. EXTERIOR: The covered patio features tiled floor and wiring/wall mount for TV. Perfect place to hang out with family and friends. The backyard is fully fenced with wood fencing and there is cross chain link fencing to your pets. Clever circular drive provides for convenient entry into garage. There is also a parking pad for boat or RV with 30 amp plug-in.
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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