391 E TEAGUE BAY Drive
About This Property
amazing lake views in sought after Glen St. Johns!Built just 2 years ago.All rooms downstairs overlook lake & gorgeous custom salt water pool w/ Pentair equipment, huge paver deck, fountain, sun shelf, covered lanai & gazebo for entertaining. Fully fenced yard. Wood-look tile first floor, iron spindles on stairs. Huge kitchen w/ 42'' antique white glazed cabinets & granite top w/ plank tile backsplash is fresh & right on trend. Guest room downstairs, 3 bedrooms & huge bonus room upstairs. Master Suite w/ separate tiled shower, soaking tub, granite tops. This is a lovely, secluded neighborhood w/ an outstanding location & easy access to shopping & A-rated schools. Fully landscaped w/ full irrigation, rock beds. 220 outlet for air compressor in garag garag
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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