715 BATTERSEA Drive
About This Property
(5th BR), Formal Din. & 3 Car Gar. built on stem wall on .89 acre preserve lot. Home offers large island kit, w/Breakfast nook, cherry cabinets, S/S, granite & tile backsplash. Living area features upgraded wood floors, 12' ceilings, dbl crown molding. Kitchen and wet areas have tile floors, w/corian in all baths. Formal LR w/FP provides dramatic view of ext. screened lanai, fire pit & preserve. Huge 30' MBR offers sitting area, double trey ceilings + access to lanai. M.Ba w/ large dual shower, plate glass surround and large separate tub. Additional features include: Water Softener; Custom Floor to ceiling window coverings & Computer Station off secondary bedrooms. Kensington has NO CDD, and is in St Johns top schools Dist. Amenities include Club Cabana, Basketball, Volleyball, Soccer Field, & Separate Childrens Play Area,
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017