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4763 Brook Drive
About This Property
One of the standout features of this property is the large, fenced backyard, a private oasis where you can entertain, garden, or simply unwind while taking in the serene surroundings. In addition to the beauty of the home itself, the location is superb. Situated just minutes from I-95, you'll have easy access to major transportation routes, as well as shopping, dining, and the stunning beaches of the area.
Lakeside Green, the community this home is a part of, is highly desirable for a reason. With a remarkably low HOA fee, residents enjoy access to an array of amenities, including a Clubhouse, Pool, Fitness Center, and more.
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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 Lakeside Green
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017