11688 Indian Beach Road
About This Property
essentials.
Enjoy stunning views from both the front and back of the home, including breathtaking sunset vistas over the lake. The thoughtfully designed main level features a spacious primary bedroom, a full bathroom with a soaking tub, an updated and functional kitchen, a four-season porch, a large laundry room, and a welcoming great room-all connected by an open-concept floor plan ideal for everyday living and entertaining.
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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