7641 Trenton Drive
About This Property
YOU WILL BE SPENDING SO MUCH TIME ENJOYING AND RELAXING IN YOUR BACKYARD RETREAT! BACK INSIDE, BR'S 2 & 3 ARE SPLIT FROM THE MASTER FOR PRIVACY. YOUR MBR HAS LAMINATE FLOORING, AND SLIDERS THAT OPEN TO YOUR BACKYARD PARADISE. THE MBA OFFERS 2 VANITIES , A SOAKING TUB AND SEP. SHOWER. THERE ARE MANY OTHER FEATURES TO SEE WHE YOU COME TO VIEW THIS HOME. LAKE CHARLESTON HOA FEE, WHICH IS $450 PER QTR INCLUDES BASIC CABLE AND HI SPEED INTERNET! RESIDENTS ENJOY THE LAKE CHARLESTON PARKS, THE BEAUTIFUL LAKES, GREAT SCHOOLS AND LOCATION, LOCATION, LOCATION!
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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