4535 Courson BOULEVARD
About This Property
Whether you're a hobbyist or need extra storage, the 2024 built 25'x24' detached garage/workshop provides the ideal workspace. The oversized 33'x25' attached 3-car garage features an epoxy finish, providing a sleek and durable space for your vehicles and projects. Climb the heavy duty retractable ladder to the upstairs garage attic, with floored storage space and icynene foam insulation. Major updates include a new septic tank and drain field in 2019, a water heater installed in 2018, and a new roof, A/C system in 2017 and new windows in 2016, all ensuring peace of mind for years to come. Experience the best of both worlds with this beautifully updated ranch-style bungalow. Country living close to everything, just waiting for you to call it home. Schedule your tour today and see all that this incredible property has to offer.
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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 Lakeland Municipal Airport
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,960 /mo
- 2 Beds
- 2 Baths
- 1,193 ft²
$1,900 /mo
- 3 Beds
- 2 Baths
- 1,260 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017