382 Old Oak CIRCLE
About This Property
Convenience is key in this home, as it offers a laundry ROOM with extra cabinet space, a hanging bar, a HUGE WALK-IN pantry, and a broom closet. The 2-car garage provides ample parking space along with additional storage options (almost a 3-car garage). Other notable features of this exceptional property include NATURAL GAS for cooking and hot water use, UNDERGROUND power lines, a PRIVACY FENCED yard, and a multi-zone irrigation system. The low HOA fee of only $650 per year is an added bonus, and flood insurance NOT REQUIRED. The Oak Trail neighborhood also offers a variety of community activities, including a book club, cookouts, bike crawls, and holiday parties. Furthermore, this home is zoned for highly rated schools, including Lake St. George Elementary, Palm Harbor Middle, and Palm Harbor University High School. Don't miss out on this remarkable opportunity to own a home that combines elegance, comfort, and a beautiful outdoor oasis.
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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