6311 SE Ames Way
About This Property
2018 Water Heater
2018 Pump for Sprinkler System
2020 Hardy Board Siding
2020 Garage Door (Opener)
2021 NEW Roof & Skylights
2021 Replaced Screen Lanai
2021 Dishwasher
2022 A/C Replaced
2022 Washer & Dryer
HOA Fees: (annual)
$495 Heritage Ridge
$1038 Amherst
Includes: Cable & Common area (Monthly $127.75)
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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 Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017