3375 Agar AVENUE
About This Property
As you exit through the sliding glass doors you can imagine yourself relaxing on the screened in lanai overlooking the back yard and inground pool. Master bedroom features marble floors with French doors, walk-in closet, and master bathroom. Your inside laundry room also has plenty of space for extra storage. House features whole house fan, New roof June 2021, New 80 gallon solar hot water heater, New Hurricane windows throughout the house, New dishwasher-June 2021, Pool was resurfaced 5 years ago, and a new garbage disposal. Yard features a large shed with electric, partially fenced and plenty of room to entertain. This property is located close to shopping, hospitals and medical centers. This property will not last, set up your showings today!!!
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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 Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017