4870 Glenn Pine Lane
About This Property
Call for your private showing! See more... Brick pavers on extended driveway (can fit 8-10 cars) brick paver patio area, oversized garage w/ upgraded storage cabinets & automatic 4 x 8 storage lift w/ remote control, garage floor sealed with epoxy, white PVC fence surrounds entire rear yard, dual a/c units -2023 Trane A/C 5 ton, 2020 Rheem 2 ton (regularly serviced w/ Air America Contract), circulating pump for immediate hot water to all bathrooms/showers, water heater 2020, GE Refrigerator 2022, GE dishwasher 2022, new garbage disposal, new black granite sink. 13' ceilings with tray ceiling design, transom windows, knock down ceilings, smooth walls, 18" x 18" ceramic tile on the diagonal, double front entry decorative glass doors. Delray Beach's Atlantic Ave. with shopping, art galleries, restaurants & the beach is just a short drive away!
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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 Cocoa Pine Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,000 /mo
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$10,000 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017