6508 NW 103 Lane
About This Property
Triple split bedroom plan, vaulted ceilings on a wide water lot with great views on a quiet cul-de-sac! What more could you ask?
Master bedroom & 2 guest bedrooms on 1st FL/with 1 bedroom converted to an office w/built in custom wood furniture!
Family room has custom wood built wall unit, recently updated kitchen with all new cabinets & stainless steel appliances! Natural light galore & its vaulted ceilings! Screened in lanai with an outdoor pool!
Other upgrades include saltwater/heated pool with jetted spa/accordion hurricane shutters & 1 electric shutter over main front entrance!
Upgraded mature landscaping on oversized lot w/privacy hedges.
Safe gated community with low association fees include lighted tennis courts/walkin around the amenity island with volleyball and a playground!
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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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About Parkland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017