4964 Southfork Ranch DRIVE
About This Property
The family room and master bedroom retreat all have amazing views of your lush tropical courtyard and solar heated pool. Solar heater and Roof were newly installed in 2018. Irrigation updated 2021. Hot tup is located off of the BONUS screened room ~ super for entertaining or family bonus room. Pool Pump is also Newly Replaced and Gutters were installed all around the home for great drainage. Updated security with multiple cameras. This entire property is surrounded by a five foot privacy wall to enjoy your private oasis with new outside lighting and plenty of room for gardening. The pride of ownership shows throughout this amazing custom home.
Great Conway Schools make this a well sought out neighborhood. Come enjoy the fresh style and comfortable living. Close to Conway Chain of Lakes Assess.
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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