4002 Georgetown COURT
About This Property
This large 2,292 sqft home is located on a corner lot, expanding to half an acre. Having 4 bedrooms to 3 bathrooms, this one story home is the perfect size for any family. The open floor plan allows for ample living space between the kitchen, living room, entry way, and dining area. The rear double doors open up into a screened in florida room and large outdoor patio. The master bedroom also has its own access to the patio, an ensuite bathroom with soaking tub and walk-in shower. The additional bedrooms can be used is or converted into home offices.
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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 Sawgrass
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017