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896 Shaw Circle
About This Property
in excellent shape. All the appliances original and hardly used. Owner lives in England, and has only be down for a day or two over the years. Nice screened in patio that overlooks the lake/canal area. This is located close to shopping and schools. Come and enjoy all the activities this HOA provides. Enjoy the Recreational Pool, Excercise Pool, clubhouse, tennis and pickleball courts, fabulous gym all while your children enjoy the playground. The Clubhouse is under remodel and they are almost completed, waiting on windows to be installed and then paint, with NO Assessements. This home is priced to sell and won't last long. Easy to show!
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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 Magnolia Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017