141 Castle Drive
About This Property
Main level includes primary suite w/ oversized custom walk-in closet, 2 guest suites w/ full baths, private office, secondary living/bonus rm, & full bath w/ exterior access for pool guests.
Upstairs features 2 spacious bedrooms, a shared full bath, & access to an unfinished walk-in attic (500+ sqft) w/ potential for media, gym, or flex space.
Step outside to your private resort: covered patio w/ fireplace & TV area, custom pool w/ built-in spa, pavilion, outdoor kitchen & grill, & a flat, fenced backyard perfect for year-round enjoyment.
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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 Iredell
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017