35285 RIVER BEND DR
About This Property
Wilderness Shores is a community started in 1996 & has continued to grow. Surrounded by Civil War battlefields and other historic sites. Wilderness Shores is located 15 miles west of Fredericksburg and 18 miles east of Culpeper. less then 5 minutes from Germanna Community College, Food Lion, CVS, Wal Mart, and Dollar General. Locust Grove Primary, Elementary, and Middle schools are a few miles away.
Wilderness Shoes is an established community with amenities that include a pool, clubhouse, paved nature trails, pavilion, and a playground. It is walking distance to shopping for essentials and a short drive away from Culpeper and Fredericksburg. Ample local attractions include wineries, breweries, and 3 golf courses within a few miles.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017