3123 Turtle LANE
About This Property
The roof was replaced in August 2021. The home was also recently replumbed, its kitchen remodelled with new cabinets, granite countertops, a large island with built in microwave, updated stainless steel appliances. The pool was resurfaced in 2018. Tiles throughout the whole property!
Hunters Creek community features great amenities such as lighted tennis courts, basketball courts, soccer fields, and a dog park. Close to shopping, major highways and A rated schools.
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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 Hunters Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017