3414 Pine Haven Circle
About This Property
FANTASTIC COMPLETELY UPGRADED MILLPOND LAKEFRONT HOME! This 4 Bedroom 2.5 Bath Move In Ready, Light and Bright Home is centered around Fabulous Lake Views from the Master, Kitchen, Living and Family rooms and features Vaulted Ceilings, Recessed Lighting, Stunning Updated Bathrooms and Kitchen with Stainless Appliances and Slate Flooring, Beautiful Dark Hardwood Flooring throughout the Living Areas and Bedrooms, Screened Pool and Patio area with a Covered Lanai (Perfect for year round Relaxing and Entertaining), Accordion Shutters and Impact Glass Sliders. Millpond is a Highly sought after community with two lakes, two par ATTENTION APPRAISERS: Buyer was a licensed Real Estate Agent and did not take a commission.
Purchase Price: 632,500 + 3% Buyers Agent Commission: $18,975
Total: $651,475
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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%.
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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 Timbercreek North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017