4138 CALLAWAY Drive
About This Property
Practical facts: The oversized garage include a 16' x 9' golf cart space plus a floored attic (23' x 10' ) accessed by permanent stairs (not a pulldown). All hallways and door openings are wide enough to accommodate a wheelchair or walker. The 15KW generator and central vac are included in the sale. The kitchen refrigerator is a recent purchase. The pantry fridge works but conveys "as is." 4138 Callaway Drive is available for immediate occupancy just in time for the summer golf season at Rocky Bayou Country Club (see Club info at the house).
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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