96 FRONTIERLAND Trail
About This Property
A home in the heart of Twenty Mile! Situated on a preserve lot, this charming two story home is a short bike or golf cart ride away from A-rated K-8 Palm Valley Academy. A welcoming porch adorns the front of the home, while a custom-built patio deck and privacy wall cultivates a cozy place for relaxing or entertaining out back. This home has character! Bedrooms, laundry, & loft are up. Enjoy a custom drop zone, charging station, and multiple closets providing much storage space for any family. Real pine wood embelishes the walls as you enter the home. Other features: luxury vinyl plank floors, 3-car tandem garage, upgraded lighting, brand new carpet, gas cooktop, double ovens.
A lively & friendly street to live on is just icing on the cake!
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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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Last Updated: 8 months ago
Data Source: Real MLS, MLS# 1157874
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Address: 335 Madison Avenue, New York, NY 10017