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12040 Roma Road
About This Property
Minimum lease is 6 months. No campers, boats, boat trailers, recreational vehicles and other types of passenger or non-passenger vehicles allowed unless fully enclosed within the garage. No more than two (2) adult animals (no Pit Bulls). A fence is possible.
Tuscany Bay has all the amenities you need to keep active or to relax. The 22,000 square-foot clubhouse offers a fitness center, 6 Har Tru tennis courts, 2 pickleball courts, a putting green, bocce ball, shuffleboard, an aerobics studio, yoga and Tai Chi classes, a heated pool, a spa, a sauna, a billiards room, an arts and crafts studio, a library with computers, a satellite recreation pavilion with a wet bar and a performance center for shows. Tuscany Bay also has a two-and-a-half mile exercise path that winds throughout the neighborhood. The public Westchester Country Club is only a 4 minute drive away if golf is your game.
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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 Tuscany Bay
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$10,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017