Completely Remodeled!! It is like coming to a brand-new home with
features like wood floors, new baseboards throughout the entire
house, scratch-and-waterproof bathrooms with top-of-the-line quartz
tops, lighted mirrors, tubs with jets, kitchens with added crown
molding, quartz tops, and backsplash, all brand-new upgraded black
stainless steel appliances, freshly painted ceilings, added
recessed lights, new light fixtures, and fans. Epoxy garage with
new storage cabinets, roof replaced in 2023, A.C. in 2023, water
heater in 2018. Professional pictures coming soon when the house is
completed. Estimated completion: June 30, 2026.
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.
This is an approved short sale.Property has great potential with a great floor plan. Property does need TLC. Great property for someone looking to make this the home of their own with their own personal touches added during the upgrades necessary. Roof is about 5 years old. Kitchen has newer stainless steel appliances, High ceilings and a great split floor plan, The primary bedroom has a full space for an office, House backs up to a natural area for privacy and a screened in patio area, the property is beautifully landscaped.Great community with state of the art clubhouse, pickleball courts, fitness center, pools and meeting center. Centrally located.
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