344 E TEAGUE BAY Drive
About This Property
Home includes a brand-new hybrid water heater, water softener, termite bond, and all-new exterior paint! Garage cabinets stay with the home as well as the washer and dryer. Garage also was bumped out for extra space. Exterior highlights: nice size backyard, extended paver patio with screened-in lanai, fully fenced backyard backing to natural preserve for added privacy.
Community amenities include clubhouse, fitness center, pool, and playground. Move-in ready and located in a desirable neighborhood. Don't let this gem pass you by!
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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 St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017