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71 RANDOLPH DRIVE
About This Property
New luxury vinyl plank flooring flows throughout the home, with new tile in both bathrooms. Additional improvements include a brand-new HVAC system, a roof replaced in 2021, fresh interior paint, updated light fixtures, remote-controlled ceiling fans, and a newly painted driveway. The garage is also equipped with a brand-new garage door opener and exterior keypad for added convenience.
The generous floor plan offers flexible spaces for working from home, hosting guests, or creating a hobby or media room. Situated on an approximately 10,105-square-foot lot in Palm Coast's Lehigh Woods neighborhood, the property offers convenient access to shopping, parks, medical services, and major roadways. With its spacious interior and extensive recent improvements, this home is ready for its next owner. Schedule your private showing today!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017