7313 Kea Lani Drive
About This Property
Furniture that conveys with the house
Lanai - Woodward glass-top table and 6 chairs
Family Room a€" 2 wicker sofas, 2 chairs
Kitchen a€" Dinette table, 4 chairs, white kitchen chair
Dining Room a€" 2 round drum tables
Bar Area a€" 4 rattan chairs, display cabinet
Study (bedroom 3) a€" Sleeper sofa
Most other furnishings are negotiable
An assessment for the clubhouse makeover was on February 1st the association held a vote and the assessment and renovation was passed. The assessment amount is $2,900.
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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 Valencia Isles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017