342 TARRASA Drive
About This Property
Seller has completed a 4 point inspection and is ready to hand over a fantastic home 3 miles from the beach, in the Intracoastal community of PABLO POINT...purchase with confidence. In addition to inspection, the owners have completed a laundry list of replacements, upgrades & features that will make your head spin! Here are just a few: AC INSTALL 2018, paver patio March 2021, water heater and gutters April 2021, windows July 2020, new garage door and re-plumb Aprll 2021.
NO HOA....bring your boat and RV, no problem!!
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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