6934 Dearborn Place
About This Property
South facing, bright, tiled living and dining areas are overlooking a private backyard.
The staircase then invites you to the second floor with four spacious bedrooms with laminate wood flooring. A large walk-in closet adjacent to the master bathroom offers abundant storage.
Master bathroom features a Roman bathtub and a large shower. Air conditioner and the ROOF were replaced in 2014! The community is zoned for A RATED SCHOOLS!!
The community of Alden Ridge offer abundant options for exercising, including jogging, biking, walking, swimming and tennis. The shopping center with the grocery store and restaurants is only a walking distance from your future home!
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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 Strathmore Estates at Boynton Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017