4760 SE Teri Place
About This Property
THREE BEDROOM, TWO BATH, ENCLOSED PORCH AS AC EXTRA STORAGE SPACE, BEAUTIFUL 512 SQ FT DECK OFF THE BACK OF HOME FOR OUTDOOR LIVING. SHED, IMPACT GLASS WINDOWS AND SLIDER, TILE FLOORS THROUGHOUT, LAMINATE IN BEDROOMS, LARGE MASTER BEDROOM/BATH, SECOND BEDROOM HAS ACCESS DOOR TO SECOND BATHROOM, SO IT CAN BE SET UP LIKE TWO MASTER BEDROOM SUITES. CROWN MOLDING, TWO PARKING SPACES, PLANTATION SHUTTERS, HOA TAKES CARE OF LAWN AND COMMUNITY POOL, PAINTS EVERY FIVE YEARS. OWNER RUN HOA. AC REPLACED IN 2019, HOME IS IMMACULATELY MAINTAINED. THIS IS A MUST SEE!
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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 Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017