7223 Backwoods TRAIL
About This Property
The dinette section has the potential to be enclosed with french doors if a fourth bedroom or studio/office is desired. This home certainly offers multiple benefits regarding location, condition, and home features, including HARDWOOD FLOORS, CROWN MOLDING, 5 1/4 inch BASEBOARDS, PLANTATION SHUTTERS, and WATER SOFTENER... what else could you ask for! Just off 535, close to 429 and I-4, just 4 miles away from Disney, and walking distance to Lakeside Village Center with plenty of dining and shopping options. Come and see by yourself the true value of this great property! Schedule your appointment today, and welcome 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 Horizon West
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017