3732 Kittrell Lane
About This Property
The fully fenced backyard provides a private retreat and plenty of space for whatever your heart desires. Foam insulation over the living areas ensures energy efficiency (ask about the avg utility bill) the HVAC system has been professionally serviced every six months, and recent upgrades include gutters and a security system. The neighborhood is dream with all close knit residents of this tucked away cul-de-sac. This home gives you the feeling of being away from the hustle and bustle but close enough for daily chores. 5.4 miles to Winn-Dixie and Publix shopping centers with restaurants and shopping. 6.3 miles to Crestview High School.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017