336 Lobelia DRIVE
About This Property
Stepping through the front door you will find the large living room/dining room combination which leads to the kitchen and opens to the huge family room. The kitchen boasts dual sinks and a huge 8x7 walk-in pantry with ample storage space. The back of the home has a covered and screened patio that leads out to a fully fenced back yard for plenty of play area.
Upstairs you'll find a large loft, great for a playroom or a large office space. The massive master bedroom has dual walk-in closets and a separate shower and tub area. The second bedroom suite has its own private bathroom and walk-in/walk-thru closet.
Holly Hills Estates is located just three miles south of I-4 on Hwy 27 with easy access to shopping and restaurants at Posner Park. Conveniently located less than 20 miles from any of the Disney theme parks and 30 miles to Orlando Intl Airport this quiet area is a gem!
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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 Holly Hill Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017