61 CHRYSANTHEMUM Drive
About This Property
LAST HOME SITE IN SOUTHERN PINES Community features include: tennis court, basketball court and tot lot. Southern Pines is a community with home and lot packages starting in the low $300s.
Don't miss this great opportunity to live in one of the most sought after areas. Request an appointment purchase this lot and review floor plans. Vanacore Homes, Voted Best Builder 10 Years In A Row.
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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