7451 Oakboro Drive
About This Property
Designer Full Bathroom, Oversized Garage w/Lots of Cabinets for Storage, Central Vac, Relax and Enjoy the Backyard Oasis with Wide Lake View, Covered Patio and Huge Patio for Entertaining, Oversized Fenced Yard, Low Hoa Includes Internet and Cable, Community Pool,Tennis Courts, Playground, Great Location and Schools, Don't Miss This One, Won't Last
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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 Lake Charleston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017