146 Carrick Bend LANE
About This Property
The Allamanda floor plan consists of 2 master bedrooms, a spacious, updated kitchen with versatile breakfast room, separate dining and living room complete with a fireplace. Lovely improvements including granite counters, living room custom cabinetry, wood floors and updated baths. Lakeside outdoor spaces include the main floor expanded, screened porch, lakeside brick patio and top floor open deck. Impact windows and sliders, new metal roof and plenty of garage space. All owners of the Boca Bay community enjoy 4 pools, tennis, waterside dining and more.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017