11060 SW 53RD CIRCLE
About This Property
But the true gem of this property is the outdoor retreat. The expansive screened-in pool, heated with solar for year-round enjoyment, is surrounded by a privacy screen that creates a serene, resort-like setting. With plenty of deck space for lounging, dining, or entertaining, it's the perfect place to relax, host gatherings, and enjoy the beautifully landscaped yard. Close to shopping, restaurants, hospitals, and short distance to the World Equestrian Center. Don't miss this opportunity and make your appointment today. Furniture negotiable.
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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