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3308 Azalea Circle
About This Property
Inside, you'll find two comfortable living areas, a formal dining room , and a split bedroom floor plan that provides privacy and convenience for everyone. The heart of this home is the gorgeous eat-in kitchen featuring painted cabinets, stainless steel appliances, a gas stove, solid surface countertops, and a breakfast bar.
The master suite boasts his and her closets, a double sink vanity, and a large walk-in tile shower. The main areas of the house are beautifully tiled, with LVP in the family room and cozy carpeting in the bedrooms.
French doors lead you out to the fenced backyard where you can relax and unwind in the pool area. The Hammocks community is situated in the popular Lynn Haven area and offers amenities such as a community pool, sidewalks with street lights, and a beautifully manicured entrance.
Age, Square Footage, and room sizes approx, if important please verify. New buyer fee of 1/2 of 1% of purchase price due at closing to St. Joe Community Foundation.
Interior photos taken prior to tenants moving in.
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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