375 Sequoia Lane
About This Property
Neighborhood Description
Newer section of Hidden Valley is less than a mile from the ocean as the crow flies. I-95 and a variety of shopping plazas along US 1 are nearby with Publix being less than 1/2 mile away along w/ numerous restaurants, dry cleaner, exercise gyms. New Wal-Mart/Fresh Market/ Trader Joe's w/in a mile & many new shops & gyms. Neighborhood has only 2 entry and exit points so unwanted traffic is minimal. Great area for long walks, jogging/running, roller blading, biking, etc.. City park within the neighborhood offers play area & picnic tables, barbecues & tennis courts and loads of shade on those warm summer days. Active Neighborhood Crime Watch program.
WHAT I LOVE ABOUT THE HOME
Nice neighbors and well kept neighborhood. Fantastic location to the new plazas going in where Wal-Mart and Trader Joe's will be in two separate but close by plazas along w/ new exercise studios and a wide variety of shops and services. Easy ride to I-95, Hidden Valley Plaza and Publix, downtown Boca Raton/Mizner Park/Museum of Art and the ocean & Spanish River Park & beaches. Great neighborhood for very nice for long walks, bike rides, rollerblading, etc., Hidden Valley/Lake City Park for children with playground and tennis courts within a short walk of your front door. Very canine friendly w/most folks being respectful and cleaning up after their pup should they go on the swale area of grass in front of your home. Neighbors watch each others homes. You will meet many neighbors at dusk when the walking is a pleasure!
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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 Hidden Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017