398 ASPEN LEAF Drive
About This Property
An open kitchen complete with a wrap-around center island overlooks the dining & family rooms. Slider doors lead out to a covered screened lanai & a private, fully fenced backyard bordered by preserve.
Complete with lush landscaping, a covered front porch, and Hardie siding, this home offers curb appeal & a low-maintenance exterior. Meticulously maintained by the original owners, this home is truly move-in ready.
Known for it's endless amenities, including community pools with waterslides, a zip line, a lazy river, spray waterpark & a snack shack you'll find playgrounds, a fitness center, dog parks & miles of trails to enjoy year round. With conveniences like restaurants, grocery stores & A-rated schools all within the community plus events to keep everyone entertained, from food trucks to weekend farmers markets & music festivals, there's truly something for everyone.
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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