4621 Cabbage Palm DRIVE
About This Property
Currently tenant occupied until next year, this property is already generating rental income, making it a perfect choice for investors. And with professional management in place, you can rest assured that your investment is being well taken care of.
The home itself features plenty of space and a well-designed layout, making it comfortable and functional for both tenants and future owners. Whether you're looking to expand your real estate portfolio or simply invest in a property that will generate passive income, this home is an excellent choice.
In addition to its attractive features and strong investment potential, this home also boasts a prime location. Conveniently situated near all major highways, as well as a variety of shopping and dining options, this property offers easy access to all that the area has to offer.
Whether your tenants are commuting to work or simply looking for a night out on the town, they'll appreciate the convenience of this home's location. And as an investor, you'll appreciate the added value that a prime location can bring to your portfolio.
So don't miss out on this outstanding investment opportunity. With its unbeatable location, professional management, and impressive features, this home is a must-see for any novice or savvy real estate investor.
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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