3585 PEORIA Road
About This Property
Welcome home, to this Clay County stunner! You'll feel at home as soon as you drive up to this all brick beauty with a front porch big enough for your rocking chairs! Step in the door and start envisioning your furniture in the recently updated living room/dining combo, family room, renovated kitchen, and BONUS large great room complete with wood burning fireplace! The yard!! This home sits on an almost half acre lot, that features mature trees, a small green house, and chicken coop!
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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 Lakeside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017