425 EAGLE PASS Drive
About This Property
Situated on a cul-de-sac's with 14 estate homes this much sought after TANGERLY OAK HOME IS A ONE OF A KIND RANCH WITH OVER $109,000 OF UPGRADES on an oversized lot backing up to the natural preserve teeming with EAGLES; AND WILD LIFE. Facing the morning sun to the east and the rising moon off the screened-in Lanai to the west this 4 bedroom; 3 bath top of the line RANCH is what you will want to move into immediately rather than wait 4-6 months to build. Only 9 months old, it has a luxury upgraded kitchen package of cabinetry; granite counters; builtin Kitchen Aid stainless steel appliances; solid wood floors throughout; cove molding; chandeliers; No CDD Bond Debt; Debt;
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017