105 POSEIDON Lane
About This Property
New Front Door
New 6" Baseboards throughout living area
Freshly Painted Interior; walls, ceilings and closets
New Carpet in 3 Bedrooms and Family Room
Luxury Vinyl Plank Flooring in 4th Bedroom and Living Area as well as kitchen
New Knockdown Ceilings
Updated Bathrooms
Freshly Painted Exterior and some wood siding replacement
Covered Patio Area with Tile Floor
Sparkling Pool
Fenced Backyard
Large Storage Shed
Freshly Painted Garage; walls and floor
Additional attic insulation was added
HVAC replaced in 2015
Water Heater Replaced in 2010 ( Approx)
Since purchase in 2004:
Updated kitchen with bar
New plumbing
Fence around the pool
Skylight added to Family Room
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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 Valley
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$3,250 /mo
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- 1,440 ft²
$2,995 /mo
- 1 Bed
- 1 Bath
- 729 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017