601 S GLANCY DRIVE
About This Property
Step outside to a fully fenced backyard with a large shed, ideal for tools law gear, or extra storage. The attached garage and extended driveway make parking easy. With no HOA restrictions or fees, you're free to personalize your space and lifestyle. Located near Spirit Elementary, Deltona Middle, and Deltona High, this home is ideal for buyers seeking access to established public schools. Enjoy easy commutes via nearby and access to shopping, dining, and parks just minutes away.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017