3534 Spring Land DRIVE
About This Property
THIS HOUSE CAN BE PURCHASED WITH NO MONEY DOWN!
One of a kind: Beautifully maintained 3 bedroom and two full bathroom house with a garage. The house features recently replace roof, AC , granite kitchen countertops and water heater. Roof replaced in 2022. Water Heater replaced in 2024. Microwave replaced in 2024.The kitchen not only has a dinette area but also an ample eat-in granite countertop ready for casual dining or entertaining. Each bedroom has wood laminate. After a long day, you can lounge in your garden style tub in the primary bathroom. The cozy living room has natural wood floors, and sits immediately adjacent to the kitchen on one end, and leads to the tiled, covered patio, which over looks tropical fruit trees in the backyard. This is the perfect starter home for you.
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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%.
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 Hiawassee Landings
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,350 /mo
- 4 Beds
- 2 Baths
- 1,601 ft²
$2,150 /mo
- 3 Beds
- 2 Baths
- 1,593 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017