4117 Fallwood CIRCLE
About This Property
The current owners have continually maintained this home and have already taken care of the big ticket items:
NEW WINDOWS / NEW AC & NEW DUCT WORK / NEW ROOF / FRESH PAINT / NEW FRONT DOOR / GARAGE DOOR NEW / NEW SPRINKLER PUMP & NEW POOL PUMP / POOL NEWLY RE-SURFACED / NEWLY UPDATED ELECTRICAL PANEL / RE-PLUMBED / NEW VINYL FENCE !!!
Oh, what care the owners have taken - ENJOY THE BENEFITS of their labor and their cost!!! Just picture relaxing out on the oversized back lanai area overlooking your spacious backyard & pool while enjoying precious time outdoors with your family and friends. And on the weekends, head over to the community boat ramp to enjoy some time on the water - boating or fishing. Your New Home Awaits You!
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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 Conway
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017