8217 CHAUCER DRIVE
About This Property
Primary bedroom has slider as well with walk-in-closet and bath with dual vanities and walk-in-shower. In addition, formal dining room and large den surround the living room. Ceramic tile walkway and secondary bedrooms have brand new luxury vinyl flooring. Beautiful custom kitchen with real butcher block, pull out drawers in island for convenience. There is a bonus room with walk in closet for storage and a decent sized work shop. The bonus room is huge, perfect for a playroom, yoga/pilates workout room and you can go through the screened in breezeway to the oversized garage or to the open patio with fountain to the screened in pool. The heated pool and hot tub area are great. Huge deck for entertaining, outdoor kitchen with brand new mini fridge. Enjoy the Florida Lifestyle. Gutters and downspouts,
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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%.
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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 Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017