4602 White Feather Trail
About This Property
See attachment for PAS requirements and WFHM offer submittal information in MLS document section. Property is sold "AS-IS" including any existing appliances, plumbing, heating and air conditioning and electrical systems. Calendar Days 1-7: All offers will be rejected. We want REOs to have the exposure to the market and potential buyers. The date the property is listed is counted as Day 1. Calendar Days 8-15: PAS will entertain offers from all buyers except buyers purchasing as a secondary residence, parent(s) buying a home for their child/children, and investors. Offers that will be entertained include the following: Buyers purchasing a property as their primary residence, Municipalities purchasing a residence or a vacant lot, Non-profit buyers purchasing a residence or a vacant lot. Calendar Days 16+: We will entertain offers from all buyers once any offers received during days 8-15 have been full vetted.
Buyer is to inspect the property five (5) days prior to closing to determine that the property is in the same condition as when the offer to purchase was executed.\
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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 Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017