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810 Indian Oaks Drive
About This Property
The kitchen, complete with granite countertops is bright and designed for convenience..
An air conditioned lanai flows from the great room and onto a large screened patio with paving stone surfaces.
Accordian hurricane shutters cover all windows and doors. The exterior of the home was repainted in 2020. Pine Creek is a 55+ gated community. It features a clubhouse, pool, and exercise area, and many activities for residents to enjoy. All utilities are underground. Maintenance includes mowing, pruning, irrigation, exterior pest spraying, exterior painting, clubhouse, and pool care and gate maintenance.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017