414 Petrel TRAIL
About This Property
The Home also features: landscape lighting systems, 3 car garage with 10 ft ceiling and 8 foot door, garage was extended 5ft to allow for larger vehicles or more storage space. Brick paver driveway. Plantation shutters, out door speakers, water heater 2018 w/instant hot water feature at every tap. Two 15 seer A/C installed in 2019, master bedroom has its own zone. Extra large walk-in laundry room with sink. Roof has radiant barrier for extra energy efficiency. Outside painted in 2020.
Greyhawk Landing is a guard-gated community with 24 hour security. The community has several nature trails, 2 community pools, water slides, and splash pool, fitness center, spacious clubhouse, lighted basketball courts and fishing pier.
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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