516 MARION OAKS DRIVE
About This Property
SUMMER THEN COME SEE THIS LARGE POOL HOME LOCATED AT ALMOST THE END OF THE ROAD. VERY LITTLE
TRAFFIC WILL HELP YOU FEEL COMFORTABLE RIDING BIKES OR WALKING THE DOGS IN THE AREA. HAVING THE
POOL WILL HELP YOU RELAX AFTER THE LONG HOT SUMMER DAYS. FENCED BACK YARD WILL HELP GIVE THE KIDS
AND THE PETS A GREAT PLAY AREA. POOL IS SCREENDED TO GIVE YOU EASY FROM THE FLORIDA BUG LIFE. HOME
OFFERS A SPLIT BEDROOM PLAN WITH LARGE ROOMS FOR ALL. HOME OFFERS A 2020 ROOF ,A 2013 HVAC, 2006
WINDOWS.
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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