125 Tranquility Drive
About This Property
This spacious home sits on a corner lot and comes with a stunning gunite swimming pool and a 15' x 35' Florida room. If you love outdoor living and entertaining, this is the home for you. With 4 bedrooms and 2 bathrooms, it has plenty of room to move. The master bathroom features a walk-in closet, marble shower, and marble jacuzzi tub. It's a perfect place to relax after a long day. A few steps from the master is the living and dining areas and both have hardwood floors. The kitchen has stainless appliances, a large island and a breakfast area overlooking the pool. Call today to see this beautiful home!
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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