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951 Indian Oaks Drive
About This Property
Discover the perfect blend of comfort & style in this turn-key home. The open floor plan & vaulted ceilings create a bright & airy atmosphere. Spacious kitchen features white cabinetry, beautiful granite counters, a pantry & breakfast nook. Upgraded tile flooring in living areas, kitchen, bathrooms & primary suite. The owner's suite offers a huge walk-in closet, double sinks, & a step-in shower. Pine Creek is an active senior community offering regular resident activities, a heated pool & spa, clubhouse & workout room. Located near healthcare, shopping, dining, golf courses, & stunning beaches. Interior laundry with newer washer & dryer. Easy to use Accordion storm shutters & recent roof & A/C replacement will save on Insurance costs. The HOA covers lawn care, sprinklers, internet & cable tv and exterior painting every 8 years - all providing you low maintenance living at its finest.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017