3813 Parapet Drive
About This Property
Nicely sized Home on a Corner Lot with plenty of space to put in your favorites trees and plants. Back yard is recently fenced within last two year with Privacy Cedar. Two Car Garage. This home has a large open area for living and dining. Split plan for Bedrooms.
Bedrooms are nicely sized. Ceiling fans in all the rooms. Come bring the family and pets. Cape Canaveral/Cocoa Beach is just 20 min away
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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