7390 Joshua Place
About This Property
3 Bedrooms with the Possibility of a 4th Bedroom/Office/Gym. 2 Full Bathrooms. Spacious Main Bedroom, Walk In Closet, Bathroom with Double Sinks, Shower and Soaking Bathtub. Split Floor Plan for Privacy. Large Open Kitchen with Island Overlooking Eating Area with Slider to Fully Fenced Backyard. All Appliances Convey Including Washer and Dryer. Kitchen Appliances are Newer Stainless Steel. Indoor Laundry Room. 2 Car Garage with Pull Downstairs for Additional Storage. Floor Plan of This Home Offers Flexibility for Multi-Generations Offering 2 Family Rooms. 10 Ft Ceiling. Under Truss Porch. Roof and A/C 2020. Water Heater 2017. Close to Shopping, Schools, Kennedy Space Center, Orlando. Watch Rockets Launch!
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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