9384 Longmeadow Circle
About This Property
2 bathroom, pool home is move in ready with a beautifully remodeled
kitchen, bathrooms, flooring and lush landscaping. The spacious
backyard and pool offer an enchanting tropical paradise for year-round
fun in the sun! The beautiful, enclosed patio is a wonderful place to
relax, have your lunch and coffee while you enjoy the full view of the
backyard and sparkling pool. The home features newer Carrier A/C
(2017) with UV light system to purify your air, newer fence (4 years old)
with extra reinforcement posts. The pool has a new pump and a child
safety fence. The exterior has been freshly painted. ADT Alarm system
and security cameras installed, garage has been partially converted & and
features a bonus room plus plenty of storage and a working garage door. The closets have custom built in shelving and storage space. NO HOA!! What an amazing home for an unbelievable price! Don't miss out on this one! Call to see it before it's too late!
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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.
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017