113 ATHENS Drive
About This Property
Enjoy your private backyard oasis featuring a sparkling pool and screened-in lanai-ideal for relaxing or hosting guests. The expansive kitchen is a chef's dream, complete with stainless steel appliances, natural gas cooking, and an oversized island that flows seamlessly into the main living space.
The home offers a desirable 3-car garage and no carpet throughout, providing a clean and stylish look with easy maintenance. One of the guest bedrooms includes an en suite bathroom, perfect for guests or multigenerational living. The luxurious primary suite features a recently updated spa-like shower and a massive walk-in closet. Additional highlights include exterior gemstone lighting and access to Arbor Mill's fantastic amenities: community pool, playground, dog park, and RV/boat storage(fee). No CDD fees! This is a must-see property!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017