11 PINELL Lane
About This Property
4 bedroom, 2 bathroom home in Pine Groves area. This property offers 1857 sq. Ft. of living space. New improvements: all new laminate and tile flooring, bathrooms, and fresh paint. Your family and loved ones will enjoy the spacious backyard, perfect for family gatherings! Large eat-in kitchen. Master suite with walk-in closet, with an adorable bright and cheery bathroom perfect in size. Plenty of storage space in each room. Perfect location, just minutes from the beach.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017