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136 Martesia Way
About This Property
to the spectacular pool area featuring over 1000 sq ft of relaxing bliss. Custom Coquina rock gas fireplace, vaulted ceilings, recessed lights, plantation shutters, and much more. Roof, AC, gas hot water heater, pool screen & gutters all recently replaced. Security system. Storm shutters. Community jogging trails, tennis courts & park area. 5 minutes to Publix, numerous restaurants & shopping. This is your dream 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.
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About Martesia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017