948 Sable Lane
About This Property
Come see this gorgeous concrete block home! A tropical pool on a large, fenced corner lot. ( with access for cars/ trailer to backyard) All new landscaping. Freshly painted + beautiful floors.
Take a dip in the pool or relax and enjoy your favorite summer drink in the shallow pool area. The patio's are the ideal settings for poolside entertaining. Wine & dine and enjoy those afternoons and early evenings.
The kitchen has white cabinets, a marble backsplash, quartz counter tops, high end stainless steel appliances including a 4 door counter depth fridge. The open living/dining room with pool views, has sliders that open up to a screened patio, perfect for outdoor dining and entertaining. Sprinkler system in front and back for your convenience.'||chr(10)||'Your own private oasis on walking distance to LARRY SHULTZ PARK. Central and very convenient located near restaurants and shopping, I-95m VA clinic etc. '||chr(10)||''||chr(10)||''||chr(10)||''||chr(10)||''||chr(10)||''||chr(10)||''||chr(10)||''||chr(10)||''||chr(10)||''||chr(10)||''||chr(10)||'
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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 Rockledge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017