621 OUTLOOK Drive
About This Property
15x30 pool with electric heater, Upgraded screened enclosure with picture window columns, Outdoor kitchen- gas, Can lights added - all, Silver shield attic, family room and lanai, Custom trash enclosure, Water softener, 2 tankless gas water heaters
Interior: smooth walls, Hardwood flooring,
stacked/upgraded kitchen cabinets, Extended kitchen island, farmhouse sink, Upgraded appliances, Coastal trim all baseboards, doors & windows, Upgraded lighting, Shiplap, plantation shutters, custom shades, built-ins/winscoating in many areas, fireplace with stone, upgraded landscaping
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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.
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017