3412 NW 7th PLACE
About This Property
The oversized attached 2 car garage has an extra 220 volt plug for your electric car. The garage is big enough to fit Two full size trucks and still had room for toys.
Crown molding in living room, dining room and master bedroom.
Ceiling fans in all bedrooms, living room and dining room. Hall bathroom's tub was reglazed 2023.
A patio pad in the backyard is perfect for outdoor entertaining and barbecues. The large backyard is fenced and also comes with a small basketball court. Sorry the Bar is a piece of furniture that does not convey. There is a sprinkler system that can be run manually.
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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 Gainesville
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$2,200 /mo
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$1,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017