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14138 Paverstone Terrace
About This Property
The first floor offers versatility with a bedroom and bathroom, ideal for guest accommodations or a home office. The second floor presents an elegant Primary suite complete with two spacious walk-in closets, alongside two additional bedrooms, a bathroom, a loft, and a convenient laundry room equipped with a brand-new front-loading washer and dryer.
Enhancements include crown molding, custom-built closets, extended pavers, a state-of-the-art 4-ton AC unit (installed in 2023), and beautifully designed custom landscaping front & back. Residents enjoy proximity to the clubhouse, which offers resort-style amenities such as a pool, splash pad, tennis and basketball courts, a gym, and a club room. Nestled in the community of guard gated Tuscany North, this property is conveniently located near a variety of restaurants, shops, and the vibrant offerings of Atlantic Avenue.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017