314 Oak Track DRIVE
About This Property
upgrades/improvements including a new roof, new garage door and opener, new windows, newer water heater, new flooring in
common bath & kitchen, fenced backed yard, and a storage shed/workshop in back yard. Home is located in the Magic Lake/Lake
Joy HOA area which has a fee of $145/year and covers recreation area access and weekly trash pickup. Don't hesitate........schedule
your showing today!
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Cap Rate Calculator
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