6116 Perrine DRIVE
About This Property
classic 1960's style home offers a spacious floor plan with 3 bedrooms and 2 full baths. The spacious kitchen is equipped with new STAINLESS
STEEL appliances, plenty of cabinet space, and GRANITE countertops. These are some of the other BRAND NEW features of this beautifully
designed home: Modified bitumen roof, AC, ceramic tile flooring in all areas, Kitchen and bath cabinets, light fixtures, granite countertops, fresh paint inside and outside, and the list goes on...The carport was converted into an enclosed room that can be used as a workshop, a creative studio, or even a guest room. Through the sliding doors of the living room, you will find yourself on the spacious backyard, the perfect space to create lasting memories with family and friends. Why waste time waiting for a builder to release a lot in a location far away from the city limits when you can purchase a Like-new Home , in Orlando, right now!! This home is located within close proximity to multiple highways in the area and just 15 minutes away from Downtown Orlando.
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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 Pine Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017