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Map
7974 SE Hempstead Circle
About This Property
3/2.5/2.5 home with an ''Open Landscape'' and a guest friendly design. The kitchen has a breakfast ''nook'' with a view of the neighborhood and counter seating. The kitchen features a double wall oven, a wine cooler, granite counter tops and an island. This home was built with with the best materials, including crown molding, one-tile flooring throughout the home and plantation shutters. Most furnishings and golf cart included in sale. The neighborhood has 100 homes, is 24/7 guard gated. The community pool is a short walk! The famous Bridge Road Trees add to the beauty of a walk or ride to the beach. 2 miles! A short drive to I-95.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017