840 Chickadee DRIVE
About This Property
A cozy fireplace and beautiful wood beam in the living room add warmth and character, making it an inviting space to gather. Sun tunnels bring in an abundance of natural light, enhancing the bright and airy feel. The home is in good condition but presents a great opportunity for updates to match your personal style. The primary suite is generously sized, and the kitchen offers plenty of storage and workspace.
Step outside to a peaceful backyard overlooking the lake, perfect for relaxing or entertaining. Conveniently located near top-rated schools, shopping, and dining, this home is a fantastic opportunity to enjoy the best of Port Orange living. Don't miss out! Voluntary HOA of $200 to offset costs for Lake and Community 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017