3095 Tall Timber DRIVE
About This Property
ceilings with skylights that bring the light from outdoors into a spacious living room that is perfect for entertaining family and friends. A roomy kitchen will provide any chef in the family plenty of room to create his/her specialties. The backyard is fenced to keep family members and pets safe. A new roof was installed in 2018 at the same time that the solar panels were installed. The solar panels are completely paid for and will provide the new homeowner with minimal power bills for years into the future. This home has hurricane shutters which provide real protection for you and your family at times when you need it most. This home is convenient to the airport, downtown Orlando, many restaurants and local shopping. It's not often that homes come up for sale in this sought after community so don't miss out on this opportunity. It won't last long.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017