11909 ORVIS WAY
About This Property
Step into the modern, updated kitchen, perfect for cooking and gathering, with sleek finishes and room to entertain. The open layout flows effortlessly into multiple living and dining areas, offering comfort and flexibility for everyday living or hosting events.
Out back, enjoy your private backyard oasis complete with a sparkling pool, ideal for summer fun and outdoor entertaining. Whether you're relaxing with family or throwing unforgettable gatherings, this home has it all.
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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