4267 Jenkins Road
About This Property
Current zoning is AA and future is AG. Flood zone X. There is an old trailer, no value, staying with the property. Seller has never lived on the property and has no knowledge about history of the trailer.
FPL is the electric company. OCWS for water and sewer. Both are at road and would need to be tapped into and tap fee paid It is on well and septic currently according to OCWS. See photos for County GIS info / maps.
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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