1244 Toluke POINT
About This Property
Upon entering, you'll immediately notice the beautiful wood-look tile floors and tall cathedral ceilings! Just past the formal living and dining area, you'll enter the oversized kitchen with granite countertops and upgraded cabinetry with lighting underneath. You'll have plenty of space for a large table for in-kitchen dining. Just off of the kitchen, is your large laundry area leading to the garage. The three spacious secondary bedrooms and bathroom are just down the hall. Relax in the family room, which is just off of the kitchen and boasts large 3-panel sliding glass doors that show off your gorgeous conservation view! Unwind from your day and watch the deer in your backyard! Like to entertain? The covered lanai is the perfect place to host a BBQ! The master bedroom sits off of the family room and has large windows overlooking the conservation as well. Check out your amazing closet! The master bath has a separate shower and garden tub. All of the windows in this home have custom blinds, including the sliders! There are multiple closets so storage will never be an issue (garage storage shelves as well). Come check out how beautiful this home is! It has one of the most functional floorplans available!
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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