3352 Wilson DRIVE
About This Property
This gorgeous 2 bedroom, 2 bathroom home is situated on the serene Lake Conley, where you can enjoy the best of nature and recreation. The home boasts new windows and a new Anderson slider door that open up to a stunning view of the lake. The water heater was replaced in 2018 and the home was painted in 2023, giving it a fresh and inviting look. The kitchen and bathrooms are fully renovated with new appliances, fixtures, and cabinets. The covered screened patio is ideal for hosting friends and family or relaxing with a book. The home also has a new ductwork and insulation that make it energy-efficient and comfortable. The private dock and newer seawall are perfect for fishing, boating, or simply admiring the scenery. Don't miss this chance to own a slice of heaven in Holiday!
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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