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4363 Collinwood Drive
About This Property
(2018) new roof, water heater, blinds, tinted windows, Nest thermostat for house energy efficiency, temp control and quick cooling; (2016) A/C, washer, dryer, laminate wood flooring in entry, hall and family room, ceiling fans in all rooms. " FENCE: 4' see-thru metal fence (black, bronze or brown) allowed. Extended patios and screen enclosures are also allowed with or without a pool. Any changes must be approved by HOA first. " LOCATION: Walking distance to magnet high school, easy access to US-1, I-95, beaches, shopping, dining, malls, hospitals and medical facilities, Harris, Northrup, Holmes Regional, Rockwell Collins and more. " CASH & CONVENTIONAL OFFERS ONLY.
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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%.
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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.
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About Eagle Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017