8187 ALDERMAN Road
About This Property
Home has a metal roof(2010)and was painted inside(2015)outside(2014).French
doors were added to the living room(2013)and to the rear bedroom(2015).New
overhead lights were added to the kitchen/living room in 2015.A new bladder tank for the well was installed
in March 2017 and the septic tank was
pumped in 2015.The home is equipped with
a propane powered whole house generator
in case of a power outage,it automatically turns on in about 30 seconds.In the garage is a Rainsoft maintenance free water softener(does not require salt).There is a large fenced area to the rear for your horse.Great Clay county schools.The home has a room that could be a third bedroom or den.
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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