30
Map
616 Red Fern Road
About This Property
The open kitchen offers plenty of space for entertaining and includes a charming breakfast bar for casual dining. The expansive layout flows seamlessly into the living areas, creating a warm and inviting atmosphere.
Retreat to the oversized primary suite featuring elegant tray ceilings, a private sitting area, and direct access to the screened Florida room an ideal space to relax and enjoy year-round indoor/outdoor living. The primary bath includes a separate soaking tub and shower for added comfort and convenience.
Step outside to enjoy the large backyard with plenty of room for gatherings, pets, or future possibilities. The screened Florida room provides the perfect place to unwind while enjoying the Florida lifestyle without the bugs!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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