13155 SE 34th Street
About This Property
High and dry, with a pond. 5,029 total sq ft with 3,771 sq ft of living. First floor is a finished in-law suite with a wet bar, kitchenette, laundry, and screened porch. First floor also has the theater room. Second floor includes the kitchen, two bedrooms, bathroom, and main laundry. Kitchen has double ovens, pantry, island, and stand-up freezer. Second floor also has outdoor grill area. Third floor is the master suite with a study/office space and two gorgeous balconies overlooking the property. Master bath has a double vanity, jet tub, and walk-in shower. Home has its own whole-house generator and 2,112 sq ft detached garage on site. Brand new drywall on second and third floors, just needs flooring and paint. Pictures don't do this stunning home and property justice
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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