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4981 Serafica Drive
About This Property
SFR WATER (0130)Zoning: RM/MULTI-FAMILY RESIDENTIAL (MEDIUM DENSITY) DISTRICT
Lot Size: 0.93 acres / 40,511 sf
So much potential for this location! Build Multi Family Units or Renovate this home for your own private Oasis. Just under 1 Acre west of Congress . Developers & Investors feel free to walk the parameter of the property. Call agent for access onto the property. Access to interior of home and pics will not be available until Early December.
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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 Palm Beach
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$2,250 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017