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6136 Willoughby Circle
About This Property
brings you ample space with a great backyard. Two car Garage with newer air conditioning and newer hot water tank. Nice kitchen with stainless appliances.
Highly desired Willoughby farms community is gated with a fabulous Clubhouse, featuring updated workout equipment a members only community pool
and tons of activities. Hurricane protection for the entire home and close to all the schools. The subdivision with its low HOA fees allows you access to great restaurants, great shopping and minutes to freeways and the beach. Need space, this is your home.
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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