7748 Mandarin Drive
About This Property
Buyer(s) is responsible to pay a $395. transaction fee to L/A @ closing. Seller acquired the property either as a result of foreclosure or by acceptance of a deed in lieu of foreclosure or otherwise from or through a foreclosing lender. Seller is unaware of the condition of the Property and makes no warranties, express or implied, as to the condition of the Property or the presence of any hazardous substances on the Property. Seller shall not provide a seller's disclosure, survey, property condition inspection, homeowner's warranty, or Certificate of Occupancy, unless required by law or as otherwise negotiated at time of sale. Neither Seller nor any person acting as Seller's representative has occupied the Property nor warrants or represents that the Property or any alterations or additions which may have been made to the Property conform to local building codes, zoning requirements or any other applicable laws, rules or regulations .Property is sold "as is, where is". It is the responsibility of the buyer or buyer's agent to check the accuracy of the association rules, regulations, assessments and monthly fees and to obtain Condo/HOA rules and regulations.
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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 Boca Grove Plantation
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,500 /mo
- 4 Beds
- 3 Baths
- 3,057 ft²
$8,500 /mo
- 4 Beds
- 3 Baths
- 3,057 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017