6543 Overland Drive
About This Property
formal dining room, formal living or great room, family room / office. Two bedrooms that are split. Master is in the back of home with updated bath and walk in closet with built ins.
Second bedroom is located in the front of home with a separate updated bath. Home has ceramic tile and wood laminate floors through out. Large enclosed patio in back that is tile and air conditioned. One car garage with pull down attic space. Double driveway with patio for sitting out at night or coffee in the morning. Active clubhouse, fittnes center, pool, tennis ,spa, bill ,
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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%.
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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 Delray Villas North
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$10,000 /mo
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$7,700 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017