5974 Las Colinas Circle
About This Property
Additional features include a brand new AC compressor, new garage door opener, new water heater, newer Samsung washer and dryer and roof valleys that were replaced in 2018. Enjoy the peace of mind of having full accordion shutter storm protection plus a Generac crossover system for exterior generator hook up.
Winston Trails is a guard gated community that offers an 18 hole golf course with no mandatory membership fee, New fitness center, an on-site restaurant, multiple playgrounds, an Olympic size heated pool, 16 tennis courts and so much more! The affordable monthly HOA fee includes gate security, 24 hour roaming security, cable with premium channels and Internet/Wi-Fi. Zoned for all "A" rated schools, including Park Vista High School.
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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.
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About Winston Trails
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$10,000 /mo
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$3,550 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017