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112 Palmetto Dunes Circle
About This Property
The open layout flows seamlessly from the living and family spaces - complete with a cozy fireplace - out to the pool and lanai, where privacy curtains and ceiling fans create an ideal spot for entertaining or relaxing in comfort. The kitchen features granite countertops and an easy connection to the main living areas, making the whole home feel connected.
Additional features include a two-car garage with additional workspace and a charming front porch which is the perfect place to unwind and catch the evening sunset.
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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