39
Map
5843 Saratoga Drive
About This Property
The oversized kitchen features abundant cabinetry and generous counter space to accommodate all of your cooking and storage needs while remaining open and connected to the main living areas. The large living room serves as the heart of the home and offers the perfect space for gatherings, holidays, and entertaining friends and family.
Step outside to enjoy the fully fenced backyard, providing a safe and secure area for children and family pets to play while offering plenty of room for outdoor activities and relaxation. Large screen in covered porch perfect for early morning coffee and summer BBQs.
Residents of Silver Oaks also enjoy access to outstanding neighborhood amenities including a community pool and playground, providing the perfect setting for summer fun and family gatherings close to home.
Conveniently located less than 10 minutes from local grocery stores, schools, shopping, and dining, this home also offers an easy commute to local military bases and the beautiful Emerald Coast beaches.
Major updates have already been completed, including a 2022 roof, 2022 HVAC system, and a 2020 water heater, providing peace of mind and making this home truly move-in ready for years to come.
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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