112 Tara Lakes W Drive W
About This Property
This home features hard wood floors, refinished wood cabinets, crown molding, granite counter tops, plantation shutters, butcher block, custom lighting, new carpet and designer fixtures. The master bathroom features wood cabinets, slate tile shower and custom light fixtures. The home sits on a private enclosed lot with lush landscaping and fenced back yard. The interior and exterior have been freshly painted.
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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 Lakes of Tara
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$10,000 /mo
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$5,000 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017