10764 Castle Oak Drive
About This Property
Marble floors with stone and slate inlay; full window treatments in every room; crown molding, tray and coffered ceilings; and built in dark wood closets are just a few of the designer details that went into this beautiful Logan model.
On the second floor you will be enthralled by the principal ensuite with its tranquil sitting room, full balcony overlooking the lake, and breathtaking, massive spa bathroom.
The built-in grill, resort style backyard, heated pool and Jacuzzi, and tropical landscaping further enhance your private tropical oasis. The upgrades are endless. This beautifully appointed home has been thoroughly maintained, and once you enter, you will not want to leave. Principal bedroom and additional 4 bedrooms are upstairs. One bedroom downstairs which can aslo be used as a game room, den, office etc.
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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 Canyon Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017