4928 Coach Lane
About This Property
Oversized off-Lake site spanning approximately 4792 square feet finished with an extended paver pad and patio. This site has a southwesterly exposure, backing up to natural preserve creating morning shade and a great amount of privacy. The site is encompassed by very tasteful, tropical landscaping, including four Royal Palms, many other types of palms, and a privacy hedge. Located at the east end of Pelican Lake in a very quiet serene area.
Coach house Details: 10x10 coachhouse included with the sale that is upgraded on the interior including shower, sink, toilet & washer & dryer.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017