511 THUNDERBIRD DR
About This Property
Neighborhood Amenities include: Airport, Beaches, Campground, Club House, Lake Lariat, Golf Course, Gardens, Horseshoes, Basketball Court, Tot Lot, and Trails.
Close to schools, shopping, restaurants and popular activities. NAVAIR - 13.3 miles. Washington DC - 60 miles Activities: Anne Marie Sculpture Garden & Arts Center 3.7 miles Calvert Cliffs State Park - 2.6 miles Calvert Marine Museum - 4.9 miles Flag Ponds Nature Park - 7.3 miles Solomons Island 5.6 miles
*Builder has paid 1/3 of County Excise Tax. Buyer responsible for the the next 2 payments which are due over the following 2 years. **Taxes will be estimated based on offer amounts
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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