7948 Rockport Circle
About This Property
You have a large formal living room, and a formal dining room as well as a great family room. The floor plan is so versatile that these rooms can be used in a number of different ways. Your kitchen is bright and airy with plenty of cabinets and a breakfast cafe. The master also offers custom built ins, sliders to your enlarged , roofed and screened patio and a great master bath with 2 separate vanities, big soaking tub and separate stall shower. The 2nd br is at the front of the house as well as the 3rd br which has pretty french doors and is currently an office. It does not have a closet. Previously the builders model, now it can be yours! Come and see for yourself! It is ready for you!
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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 Smith Dairy West
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017