5015 Placid Lane
About This Property
Step inside this brand new 3-bedroom, 2-bath home, thoughtfully designed for modern living with luxury vinyl plank flooring throughout, high ceilings and an open-concept layout. The kitchen features stainless steel appliances, quartz countertops, modern white cabinets, and an oversized pantry. The primary suite includes an extra-large walk-in closet, and private master bathroom complete with dual vanities, quartz countertops, sophisticated black hardware and a tiled walk-in shower. The two additional bedrooms are generously-sized, boasting lots of natural light and ample closet space. Enjoy the covered lanai, 2-CAR GARAGE and a spacious quarter acre lot, with no flood zone requirements. The backyard offers plenty of room for a shed or a pool. Located in the growing community of Port LaBelle - Schedule your showing today! THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER, INQUIRE FOR MORE DETAILS** (Renderings that showcase furniture have been virtually staged)
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017