448 Wilmington CIRCLE
About This Property
Take a stroll to the community park, where you can enjoy a game of tennis or pickleball with friends and neighbors. There is a playground, basketball courts, and a gazebo overlooking the lake where you can fish or sit, relax, and enjoy the view. Remington Park hosts different fun events at the park for the neighborhood. This home is ready for its new owners... Welcome Home to Remington Park in Oviedo! It's a great place to live!
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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