9
Map
139 Oceanway Drive
About This Property
The property features 3 bedrooms 2 baths and a open floor plan. There are
vaulted ceilings, tile floors thru out. Large kitchen has breakfast bar and
over looks the living area perfect for entertaining. Master suite includes
garden tub and separate shower. Relax on the back screened in porch or
patio. The community has tennis courts, Community pool, fishing pier, and
Beach access.
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Cap Rate Calculator
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