486 RUSH PARK Circle
About This Property
Convenience, Location, Desirable Community, and Spacious Home make this a great place to live. Less than a mile to Hurlburt Field. The open floor plan, Great Room with GAS fireplace, makes this a comfortable home for entertaining and enjoying family. Large kitchen with Breakfast Bar and Breakfast Table Area.
Gas Stove/Oven for the gourmet cook. An added Bonus/Florida Room has many flex-use possibilities. Nice sized rooms along with an enclosed patio. GAS Furnace & Gas Water Heater for the energy & $$$-saver. Fenced-in back yard, adjacent to the Eglin Reservation for additional privacy and view-scape.
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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