106 Sundance TRAIL
About This Property
A long list of updates and features include, but are not limited to: whole house generator, accordion storm shutters, professionally encapsulated and sealed crawl space and outdoor shower. New roof and top of the line AC installed in 2017. The grounds and gardens here are simply beautiful from the front lawn in the shade of historic oaks to the private fenced backyard with colorful fauna that surrounds the screened pool and lanai. Relax on the front porch and listen to the waves crash onto the shore just a couple of blocks away. The photos tell the story, however this home must be seen in person to be appreciated.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017