809 Sugar Plum Lane
About This Property
The kitchen features granite countertops, newer stainless steel stove and dishwasher, a pantry, and a convenient breakfast bar overlooking the main living area. The living room is located downstairs, while an upstairs den/office provides flexible bonus space.
Retreat to the spacious primary suite with a large walk-in closet and a beautiful master bath room including double vanity with cultured marble, and more. Plus, Choctawhatchee Bay is within walking distance! Seller is offering new roof @ closing with acceptable offer, VA assum able with a 3% interest rate.
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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