483 Pickford POINT
About This Property
The Estates at Springs Landing is one of the most desirable communities in Seminole County. It's surrounded by nature with nearby Wekiva State Park and a river running directly through the neighborhood. The community is situated close to I-4 and has the best shopping and dining the city has to offer. This home is perfect for someone seeking a private oasis with the convenience of the city. Please check this video of the property:https://www.tourdrop.com/dtour/374112/Video-MLS
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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