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4498 Hazleton Lane
About This Property
Wycliffe homeowners association provides Comcast high speed internet, telephone and cable TV to contain the X1 platform with whole-house DVR, High Definition and 3 additional HD boxes which cover up to 4 TVs with voice activated remotes, including HBO and Showtime. The high speed internet service of 150 mbps speed and telephone service, local and long distance calling, included in the HOA. All landscaping maintenance, sprinkler systems, exterior painting, pressure cleaning the roofs, and security is included in the quarterly HOA maintenance fee. Wycliffe has roving guards, paramedics on campus, monitored alarm systems, and manned gates.
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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.
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About Wycliffe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017