5115 PECAN ROAD
About This Property
The kitchen and both bathrooms were beautifully renovated in 2022. The kitchen features granite countertops, upgraded cabinetry, newer 2024 stainless steel appliances, and a spacious pantry. The primary suite offers a double-sink vanity, a relaxing soaking tub, and a separate shower, while the guest bathroom showcases a beautifully tiled walk-in shower.
Enjoy the enclosed lanai overlooking the fully fenced backyard with a white vinyl privacy fence installed in 2023-ideal for relaxing, entertaining, or giving pets room to roam.
Additional improvements include a 2021 roof, 2020 A/C, 2024 water heater, and a 2025 water softener, adding even more value and peace of mind.
Conveniently located near Publix, Walmart, Walgreens, restaurants, and other everyday conveniences, this move-in ready home offers the perfect combination of comfort, quality updates, and location. **Best of all, there's no HOA**, giving you the freedom to enjoy your property without additional fees or restrictions.
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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%.
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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