101 Angelfish Lane
About This Property
-Increased sq footage with bumped out vestibule and family room area
-Added powder room
-New European oak wood floors throughout and tile in bathrooms
-New stucco facade
-New Kitchen with professional Thermador appliances + steam convection oven
-New Electric and Plumbing
-New Air conditioners (2 zones)
-Custom built marble wall with Smart TV and linear gas fireplace
-New propane tank for use of fireplace,cooktop,tankless hot water heater and pad set up for expansion of a summer kitchen
-New pool and spa with Aqualink system
-New lighting fixtures throughout including Robert Abbey Blink chandelier
-California Closets
-Outdoor shower
-Professional outdoor landscape lighting
-New travertine stone pool decking, driveway and entryway
-Custom Hunter Douglas electric blinds
-Custom Metal Exterior doors
-Custom built Bar area with wine refrigerator, sink and ice maker
-Loft Area enclosed
-Smart TV's
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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 Ocean Walk Place
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017