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6386 Terra Rosa Circle
About This Property
A new roof was installed with a transferable warranty in 2012 as well a newer A/C and Water Heater along with a pool heater for those chill Florida days/nights! Relax in the Hot tub/Spa area while taking in the South Florida Sunsets after a hard days work! Situated on an over sized lot this Rose model is one that you do not want to miss!!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2015 | Sold | ||
| Sold | |||
| Aug 19, 2015 | Listed by Champagne & Parisi Real Estate | $319,500 | |
| Listed by Champagne & Parisi Real Estate | |||
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About Tartan Lakes
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$9,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017