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7488 Rockbridge Circle
About This Property
OR JUST RELAXING IN THE SPA AFTER A WORKOUT,
TENNIS, PICKLEBALL OR JUST A LONG BUSY DAY. THE POOL/SPA ARE HEATED FOR YEAR-ROUND ENJOYMENT. THIS
UNIQUE SECTION OF LAKE CHARLESTON IS THE ONLY GATED COMMUNITY. JUST ONE BLOCK FROM FROM THE LAKE CHARLESTON PARK THAT HAS TENNIS COURTS, PICKLEBALL COURTS, A PLAYGROUND, BASKETBALL, FISHING AND MORE, ALONG WITH FUN FAMILY EVENTS THAT TAKE PLACE USUALLY ONCE PER MONTH. JOIN THE FUN AND MAKE NEW FRIENDS AND LIVE MAINTENANCE FREE IN THIS SPACIOUS VILLA. FOR THE LOW MONTHLY FEE, YOU HAVE THE SECURE GATED ENTRY, XFINITY HIGH SPEED INTERNET, CABLE, LAWN CARE, EXTERIOR HOUSE PAINTING AND ROOF CLEANING. . THE ROOF IS 6 YEARS YOUNG! THE A/C 2017 AND WATER HEATER 2021. YOUR NEXT CHAPTER START HERE!
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Cap Rate Calculator
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