1237 TUMBLEWEED Drive
About This Property
As impressive as the curb appeal was maximized in the selection of colors, it pales in comparison to the finishes that you will find inside. Prepare to be impressed as you enter in the expansive living area that highlights rich wood laminate, anchored by a gorgeous fireplace, and rich kitchen as the backdrop! The finishes used in this kitchen create an elegant feel that you would expect in a home costing thousands of dollars more! The open concept of this home allows for cozy family gatherings or hosting large events! You will not be disappointed with the rest of your tour as you find the same rich wood laminate flooring throughout and bathrooms professionally finished!
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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 Lakeside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017