33
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147 Par Drive
About This Property
Discover this newly renovated 2-bedroom, 2-bathroom unit in the highly sought-after Lantern Walk community! Unit has been freshly painted, popcorn removed, brand new bathroom vanities, new kitchen cabinets, quartz countertops, marble backsplash, appliances, new ceiling fans and flooring throughout! Also, enjoy the convenience of accordion shutters, screened front and back porches, and direct access to the community pool just steps from your door. Ready for immediate occupancy - don't miss out on this exceptional opportunity!
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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 Lantern Walk
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$5,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017