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.
Parking Features: Driveway, Attached, Oversized, Additional Parking, Garage Door Opener, Circular Driveway, Workshop in Garage, Auto Driveway Gate, Extra Driveway
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 5
Interior Features: Central Vacuum, Crown Molding, Dry Bar, High Ceilings, Wet Bar, Wired for Sound, 2 Staircases, Formal Entry/Foyer, Prewired for Alarm System, 1 Bedroom Down - Not Primary BR, En-Suite Bath, Primary Bed - 3rd Floor, Sitting Area, Split Plan, Walk-In Closet(s)
Appliances: Disposal, Ice Maker, Wine Refrigerator, Convection Oven, Gas Oven, Gas Cooktop, Dishwasher, Refrigerator Included
Flooring Type: Stone, Tile, Wood
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 3
Exterior Details
Square Footage: 6903
Architectural Style: Mediterranean
Year Built: 1991
Waterfront Features: Lake Front, Bulkhead, Pier
Building Area Total: 6903
Window Features: Shutters, Window Coverings, Insulated/Low-E windows
Construction Materials: Other, Stucco, Wood Siding
Patio and Porch Features: Patio/Deck
Pool Features: Gunite, Heated, In Ground, Pool With Hot Tub Attached
Pool is Private
Lot Features: Back Yard, Cul-De-Sac, Subdivided, Waterfront, 1/4 Up to 1/2 Acre
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