4118 SE Peppertree Street
About This Property
Welcome to your 3 bedroom, 2 bathroom, one car garage pool home situated in the family friendly neighborhood of Parkwood.
This fully tiled home features a split bedroom floor plan with newly remodeled (2019) guest bath. The kitchen has been updated with beautiful wood cabinets. Additional improvements include fresh paint inside and out, newer AC with Ecobee Smart Thermostat, a metal roof and Smart Ring doorbell. The completely fenced backyard provides the perfect Florida oasis with screened lanai, wood deck, pool surrounded by new pavers and a custom built 2 story playhouse. From the open concept kitchen and living space to the oversized backyard there is plenty of space for the whole family to enjoy!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2020 | Sold | ||
| Sold | |||
| Sep 7, 2020 | Listed by Home Sales Palm Beach | $339,900 | |
| Listed by Home Sales Palm Beach | |||
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017