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5476 LEANING OAK Drive
About This Property
Welcome to your serene retreat at 5476 Leaning Oak Drive! Nestled on 3 acres of lush, private land, this 3-bedroom, 2-bath home offers the perfect blend of tranquility and convenience. Step inside to an open and inviting floor plan, featuring spacious living areas bathed in natural light. The large kitchen boasts ample cabinetry and counter space, perfect for family gatherings or entertaining guests. The master suite offers a peaceful escape with an en-suite bathroom, while two additional bedrooms provide plenty of space for family or home office use. Outside, the expansive property provides endless opportunities for outdoor activities, gardening, or chickens etc. Located in the heart of Melrose, you'll enjoy the charm of small-town living while being just a short drive to nearby Gainesville and Starke. Whether you're looking for a peaceful homestead or a weekend getaway. Don't miss the chance to make it yours!!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017