2897 CLOVIS DRIVE
About This Property
way to the ceiling. This property effortlessly combines luxury, convenience, and modern design. This Caprice build showcases thousands of dollars worth of unbelievable upgrades as part of LGI's CompleteHome™ package. Convenient outlets with USB charging capability and brushed nickel hardware are also premier features found in the heart of the home. In addition, a two-car garage with a Wi-Fi-enabled garage door opener gives you even more control of your home. Home comes with sprinklers as well to keep the new grass thriving
year around. Call today for a private tour and make this newly custom-built home yours.
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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