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5544 Biscayne Drive, Greenacre Drive
About This Property
Very NICE property , nice location outdoor space ,good front and back courtyard perfect for BBQs, .BIG driveway to fit 2+ cars, screened and covered patio in back . NO ages restriction , Pets are ok, Great location, near to shopping and schools.Just Move In Ready, freshly cleaned, NO HOA fees! NO restrictions!
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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%.
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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