3119 Tanzanite Circle
About This Property
Major upgrades include full home repiping (2017–2018), new luxury vinyl plank flooring (2025), fresh interior paint (2026), and a recently installed water heater (2024–2025)-providing peace of mind with big-ticket items already completed.
Enjoy the cozy gas fireplace, covered porch, and a fenced backyard-perfect for relaxing or entertaining.
Located in a highly sought-after Fort Mill community with top-rated schools and amenities including a pool, clubhouse, playground, basketball courts, and sidewalks!
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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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About Waterstone
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017