3592 Ermine PATH
About This Property
A brand new roof was just installed in April 2023 with transferable warranty. AC was recently replaced in June 2020, a new water heater in Oct 2022. Brand new exterior paint really makes this home welcoming and move in ready. For your convenience there is an inside laundry and utility room that lead to the sizable two-car garage with remote access. Rated for great local Palm Harbor Schools, walkable distance to local stores, coffee shops, bakeries and restaurants. Not in flood zone. Don't miss your opportunity to view this peaceful and updated Palm Harbor home.
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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